Unemployment level in Georgia lowest within past 13 years
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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.
Last year, the economically active population constituted 67.5 percent of the working population (population of 15 years and older), showed the employment and unemployment annual data of 2016 of the National Statistics Office of Georgia (Geostat).
Employment level has been reduced by 0.5 percentage points in Georgia’s urban areas, while in rural areas it has been reduced by 0.1 percentage points.
Traditionally, the majority of people who work in Georgia were self-employed and in 2016 nothing has been changed in this direction,” said Geostat.
The unemployment rate in women decreased by 1.4 percentage points and in men – increased by 0.7 percentage points.
In terms of age category, in 2016 the unemployment rate reached the highest level in the age group of 15-19 years (31.9 percent), which is a 5.7 percentage points increase year-on-year.
Meanwhile, the unemployment rate is the lowest in the 65+ age category in Georgia.
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.
Women are occupying more senior management positions in Georgia and around the globe, say one of America’s largest accounting and advisory firms.
The Government of Georgia is striving to provide opportunities for young people, reduce unemployment and promote employment.
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).
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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).
The National Statistics Office of Georgia has published its recalculated unemployment rate for 2019 in Georgia by a new standard, which shows that the unemployment rate in Georgian rural areas is 16.7 per cent, instead of 5.5 per cent.