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Economy Minister: increased unemployment in 2021 related to coronavirus restrictions of last year

Geostat reported that the employment rate both in urban and rural areas in Georgia has decreased by 0.5 and 1.2 percentage points in the second quarter of 2021. Photo: Nino Alavidze/Agenda.ge

Agenda.ge, 20 Aug 2021 - 20:18, Tbilisi,Georgia

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.

People who lost their jobs last year were represented in statistics in the following period. This circumstance largely explains the increase in unemployment in the second quarter of this year,” Turnava stated.

Based on the data of the National Statistics Office of Georgia (Geostat) the unemployment rate in Georgia increased 3.8 per cent in the second quarter of 2021 compared to the same period of last year and amounted to 22.1 per cent.

Turnava positively assessed the increased percentage of the country’s economically active population - the percentage of people that is able and willing to work regardless of labour status - from 50.3 per cent to 51.4 per cent and noted that ‘current positive economic trends’ such as 30 per cent growth in the Georgian economy will be reflected in upcoming months.

Geostat reported that the employment rate both in urban and rural areas in Georgia has decreased by 0.5 and 1.2 percentage points in the second quarter of 2021.

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