Mongolian Economy and Finance

By B.ICHINKHORLOO The Mongolian National Art Gallery’s 3rd floor was more crowded than usual with employers hoping to attract talented individuals looking for jobs.

The Minister of Labor adopted a regulation for the “Employment of human trafficking victims and occupational training service”.

The Songinokhairkhan District Labor Department, under the Ministry of Labor, Songinokhairkhan District Prosecutor’s Office and the district’s Police Department held a “Supporting employment of former inmate citizens” event yesterday.

The Employment Service Center, operating under the Ministry of Labor, the Representative Agency of Korean Industry and Human Resources Secretariat, and the Korean Chamber of Commerce and Industry in Mongolia (KCCIM) will hold a “Let’s live and work in our mother country” event on the first floor of the Employment Service Center on May 2 and 3.

Officials who tried to cheat the declaration of income have been dismissed.

The Spring Labor Fair 2012 was held in the Central Palace of Culture of Mongolian Trade Union on April 19th.

In 2007, four Mongolians working illegally in Korea were granted citizenship after saving eleven people from a building fire.

The number of workers in the mining sector is growing as rising foreign and domestic investment in the sector is rapidly expanding it.

The Road and Transportation Office says new road construction and other projects generated 3,000 new jobs in 2011.

The Government declared 2011 a “Year of Employment Support” and asked businesses to create jobs for the unemployed to increase household income.

The Government says 68,071 people were hired through its “Employment Support Year – 2011” program through the end of November, including some 29,000 women.

Ulaanbaatar, Mongolia /MONTSAME/ By December 2 of this year, 68,071 people have got jobs nationwide in frames of the Year of Supporting Employment. Some 29 thousand of them are women.

As a result of the project “A Year for Support of Employment” established by the Government of Mongolia, 68071 mongolians – 29 thousand of which are female, have been registered as employed as of December 2nd this year.

Ulaanbaatar, Mongolia /MONTSAME/ Within the Year of Supporting Employment, some 64 thousand people got jobs.

The Professional Production Trade Union of the Confederation of Trade Unions says it will send a note to Parliament and the Government demanding pay increases for private sector workers.

Ulaanbaatar, Mongolia, /MONTSAME/ The number of unemployed registered at Labor and Welfare Service Divisions in both aimags and UB city and of those actively looking for job reached 40.7 thousand at the end of this September, reflecting a 1,816 increase or 4.7 per cent against the previous year.

Labor Conference 2011, which was held at the Chinggis Hotel on Tuesday, examined the issues facing employers, as well as ways to reduce unemployment and poverty.

A job fair for Mongolians educated abroad was held at the Chinggis Khaan Hotel in Ulaanbaatar on September 13 and 14.

The 5th “Job Fair 2011” themed “Gate to Development – Employment” for students, alumni as well as returnees from developed countries will be jointly organized by Mongolian-German Bridge (MGB) with the National Committee for “A Year for Support of Employment” established by the Government of Mongolia within the framework of its announcement on “A Year for Support of Employment”.

Imagine this: You arrive in Mongolia, having just secured a job here only a week beforehand, and having gone through the rigmarole of obtaining visas and last-minute air passage.