Q2 2021: unemployment up 3.8% to 22.1% in Georgia

The unemployment rate in Georgia has increased 3.8 per cent in the second quarter of 2021 compared to the same period of last year, amounting to 22.1 per cent, the National Statistics Office of Georgia (Geostat) reports. 

In the reporting period the economically active population (workforce) came to 51.4 per cent of the working age population (population aged 15 and older).

The economic activity rate, the percentage of the country’s population that is able and willing to work regardless of labour status, has increased by 1.1 percentage points, while the employment rate decreased by 1.0 percentage points and equalled 40.1 per cent compared to the same period of 2020.

The economic activity rate in urban settlements increased by 1.0 percentage points, while in rural settlements increased by 1.3 percentage points,” says Geostat. 

The employment rate both in urban and rural areas decreased by 0.5 and 1.2 percentage points. 

Geostat reports that the unemployment rate is generally higher for men than for women.

In the second quarter of 2021, compared to the corresponding period of the previous year this indicator increased for women by 1.2 percentage points, while it increased by 5.7 percentage points for men,” Geostat reported.

However, the economic activity rate is higher for men than for women.

In the second quarter of 2021 the economic activity rate for women equalled 40.7 per cent and for men – 63.7 per cent. In the same period, the activity rate increased both for women and men by 0.3 and 2.0 percentage points year-on-year.