National Statistics Office of Georgia to change unemployment measurement methodology
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In the third quarter 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. Photo: Nino Alavidze/Agenda.ge.
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The National Statistics Office of Georgia (Geostat) intends to change its methodology for computing unemployment in the country, said the director of the office Gogita Todradze.
According to the new methodology, subsistence farmers will no longer be recorded as self-employed, as they are not oriented towards the market.
As pilot studies in other countries have shown, the implementation of the new methodology is followed by huge changes in employment and unemployment statistics, which is likely to increase the unemployment rate. It is also possible to reduce the employment rate,” said Todradze.
The new methodology is already being used in 20 countries, including Armenia, Moldova and the states of the EU.
In the first two quarters of 2020, unemployment will be computed based on both old and new methodologies. From the third quarter of 2020, Geostat will only compute unemployment based on the new methodology.
As of today, about 1,700,000 people are recorded as employed in Georgia, out of which 800,000 are self-employed, of which 70-80 per cent are engaged in agricultural activities.
As of the third quarter of 2019, the unemployment rate in urban settlements reached 16.6 per cent, while the unemployment rate in rural settlements was only 5.5 per cent, largely due to the recording of subsistence farmers as self-employed.
In the third quarter 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 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).
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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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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).
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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).
12,525 foreign citizens were working in Georgia in 2019 which is 828 more compared to the previous year, show data from the Revenue Service.
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).
Subsistence farmers will no longer be recorded as self-employed by the National Statistics Office of Georgia.
The National Statistics Office of Georgia has created a national accounts portal which enables analysis of key macroeconomic indicators.
The National Statistics Office of Georgia (Geostat) has created a new portal, juniors.geostat.ge with the financial and technical support of the United Nations Children's Fund (UNICEF). The main purpose of the new platform is to create statistical data for children in an easily understandable way.
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.