Q2 2021: unemployment up 3.8% to 22.1% in Georgia
Geostat reports that the unemployment rate is generally higher for men than for women. Photo: Nino Alavidze/Agenda.ge.
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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.
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).
Georgia has reported 4,921 new cases of coronavirus, 4,471 recoveries and 58 deaths in the past 24 hours. 57,704 remain infected with Covid-19 in Georgia currently.49,468 tests were conducted around the country in the past 24 hours. 29,152 of the 49,468 tests were rapid tests, while the remaining 20,316 were PCR tests. The country has had 501,297 cases of coronavirus since February 26, 2020.
Average monthly nominal earnings in Georgia increased by 53.5 GEL (4.4%) in the first quarter of 2021 compared to the same period of the previous year and amounted to 1,256.2 GEL (about $397.53/€327.83), reports the National Statistics Office of Georgia (Geostat).
The unemployment rate in Georgia increased by 0.9% compared to 2019 and amounted to 18.5% in 2020, show data from the National Statistics Office of Georgia (Geostat). In the reporting period the economically active population was made up by 50.5% of the working age population (population aged 15 and older).
The increased unemployment rate in the second quarter of 2021 is related to coronavirus restrictions imposed in the same period of last year, Georgian Economy Minister Natia Turnava has stated today.
The consumer price index has increased by 0.7 per cent compared to the previous month, while the annual inflation rate amounted to 12.8 per cent, the National Statistics Office of Georgia (Geostat) reports.
The unemployment rate in Georgia has increased by 2.5% in the third quarter of 2021 compared to the same period of last year, amounting to 19.5%, the National Statistics Office of Georgia (Geostat) reports.