Unemployment rate reaches 15 year low in Georgia
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The unemployment rate is higher in men (by 2.6 percentage points) than in women, said Geostat. Photo: Nino Alavidze/Agenda.ge.
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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.
It should be noted that the downtrend in the unemployment rate has been maintained during the last nine years, furthermore in 2018 unemployment rate reached the lowest level within the past 15 years”, said the National Statistics Office of Georgia (Geostat).
In Q4 of 2018, the economically active population constituted 63.6% of the working population (population of 15 years and older).
The employment level has been reduced by 0.2 percentage points in Georgia’s urban areas compared to the previous quarter, while in rural areas it has decreased by 1.3 percentage points.
Compared to the previous quarter the economic activity rate in rural settlements decreased by 1.6 percentage points, while in urban settlements remained unchanged”, said Geostat.
Geostat said that the unemployment rate is much lower in rural settlements than in urban settlements. In Q4 2018, the unemployment rate in rural settlements was reduced by 0.4 percentage points compared to the previous quarter, while in urban settlements increased by 0.5 percentage points.
The share of self-employed people was 48.7% in the total employment data in Q4, said Geostat.
The unemployment rate is higher in men (by 2.6 percentage points) than in women. The unemployment rate in women decreased by 0.3 percentage points and in men increased by 0.6 percentage points.
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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).
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).
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).
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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).
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The annual unemployment rate in Georgia decreased by 1.2 percentage points and equalled 12.7% in 2018. Last year, the economically active population constituted 63.9% of the working population (population of 15 years and older).
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The annual unemployment rate in Georgia decreased by 1.2 percentage points and equalled 12.8% in the first quarter (Q1) of 2019, says the National Statistics Office of Georgia (Geostat).
The Georgian National Statistics Office, whose roots stretch back to the First Democratic Republic of Georgia, is marking its 100th anniversary today.
The unemployment rate in Georgia decreased by 0.7 percentage points to 11.4% in the second quarter of 2019, says the National Statistics Office of Georgia (Geostat).
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In the third quarter (Q3) of 2019 the unemployment rate in Georgia decreased by 1.1 per cent compared to the same period of last year and amounted to 11.1 per cent, show data from the National Statistics Office of Georgia (Geostat).
The unemployment rate in Georgia decreased 1.1 percentage points to 11.6 per cent in 2019 in comparison to the year before, says the National Statistics Office of Georgia (Geostat). Last year the economically active population constituted 62.9 per cent of the working age population (population aged 15 and older).
In Q3 2020 the unemployment rate in Georgia increased by 0.7 per cent compared to the same period of last year and amounted to 11.9 per cent, show data from 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.
In the fourth quarter of 2020 the unemployment rate in Georgia increased by 3.8% compared to the same period of last year and rose to 20.4%, show data from the National Statistics Office of Georgia (Geostat).