2017 data: Unemployment rate in Georgia slightly declines to 13.9%
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In 2017 the annual unemployment rate in Georgia declined by 0.1 percentage points and equalled 13.9 percent, shows the employment and unemployment annual data of 2017 of the National Statistics Office of Georgia (Geostat).
Last year, the economically active population constituted 65.8 percent of the working population (population of 15 years and older).
The employment level has been reduced by 1.5 percentage points in Georgia’s urban areas, while in rural areas it has been reduced by 0.8 percentage points.
Traditionally, the majority of people who work in Georgia were self-employed and in 2017 nothing has changed in this regard”, said Geostat.
In 2017, the share of self-employed people to the total number of employed people was 51.7 percent, which is a 1.5 percentage points decline compared to 2016.
The unemployment rate is higher amongst men than in women. The rate was 2.3 percentage points higher in men last year than in women. In the same period, the unemployment rate in women increased by 1.5 percentage points and in men it decreased by 2.8 percentage points.
In terms of age category, in 2017 the unemployment rate reached the highest level in the age group of 20-24 years (29.6 percent), which is a 3.2 percentage point decrease year-on-year.
Meanwhile, the unemployment rate is the lowest in the 65+ age category in Georgia.
In 2016 the annual unemployment rate in Georgia declined by 0.2 percentage points and equalled 11.8 percent – the lowest level within the past 13 years, showed the employment and unemployment annual data of 2016 of the National Statistics Office of Georgia (Geostat).
About 1.8 million people were employed in Georgia last year and most of them were self-employed.
A study has been carried out to determine the most in demand jobs in Georgia.
Official statistics from the country’s national statistics office, Geostat, revealed at the end of 2014 the unemployment rate in Georgia was 12.4 percent – the lowest it has been in 11 years.
The average monthly income in Georgia was 1,016 GEL (about $408.85/€348.77*) in 2017, shows the latest data published by the National Statistics Office of Georgia (Geostat).
Almost 22 percent of Georgia’s population is under the absolute poverty line, shows the latest data of 2017 poverty indicators published by the National Statistics Office of Georgia (Geostat).
Georgia’s mean monthly household nominal income rose from 608.9 GEL in 2015 to 771.9 GEL in 2017, a 26.8% increase, says the UNICEF Survey on the Welfare of the Population 2017.
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In the second quarter of 2018 the annual unemployment rate in Georgia declined by 1.9 percentage points and equalled 12.1 percent, says the National Statistics Office of Georgia (Geostat).
Over 30,000 Georgians employed through EU-supported programme
More than 30,000 Georgians have found employment and thousands have access to improved vocational education: this is the result of four years of cooperation between the European Union and the government of Georgia.
The average monthly salary in Georgia has increased by 56.4 GEL year-on-year and reached 1,125.5 GEL in the third quarter of 2018, show the latest data published by the National Statistics Office of Georgia (Geostat).
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The annual unemployment rate in Georgia decreased by 1.2 percentage points and equalled 12.7% in the fourth quarter (Q4) of 2018.
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The annual unemployment rate in Georgia increased by 0.1 percentage points and equalled 12.2% in Q3 of 2018, says the National Statistics Office of Georgia (Geostat).
men earning more than women
The average monthly salary in Georgia has increased by 61.1 GEL (about $22.80/€20.07) year-on-year and reached 1,202 GEL (about $448.51/€394.92) in the fourth quarter of 2018, show the latest data published by the National Statistics Office of Georgia (Geostat).