Source: News.mn                   Date: 22 April, 2011

Unemployment:

The number of job seekers registered in Social Welfare and Labor Offices all over the nation reached 40,800 in March. This was 3,649 or 9.8% more than in the same period in 2010. Of them, 53% had held a job before while 47% had no experience.

Altogether 11,600 citizens registered themselves in the first three months of 2011, while the names of 2,600 were struck off for failing to show they were actively seeking jobs. Also, 6,500 got jobs through the employment office. Of the total registered unemployed, 22,500 are between 16 and 34, 19.5% have post-school diplomas while 0.6% did not graduate from school.

Budget, foreign trade:

The figures indicate increased mineral resources exploitation has begun to show a positive impact on the economy. The budget deficit has turned into a surplus at the end of March. Revenue, including aid, stood at MNT925.4 billion, while expenses, including loan repayment, totaled MNT821.5 billion, making for a surplus of MNT103.9 billion. Turnover of trade with 101 countries reached USD1,830 million, with exports accounting for USD742.1 million and imports for USD1,087.8 million.