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
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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.
Georgia has reported 4,743 new cases of coronavirus, 3,393 recoveries and 59 deaths in the past 24 hours. 58,995 remain infected with Covid-19 in Georgia currently.46,389 tests were conducted around the country in the past 24 hours. 29,181 of the 46,389 tests were rapid tests, while the remaining 17,208 were PCR tests. The country has had 506,040 cases of coronavirus since February 26, 2020.
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.
The estimated real gross domestic product (GDP) growth rate in June 2021 equaled 18.7 per cent year-on-year and 12.7 per cent in January-June of 2021 year-on-year, the preliminary data of the National Statistics Office of Georgia (Geostat) show.
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).
Georgia has reported 74 coronavirus deaths in the past 24 hours which is a record high figure since the country confirmed its first case of Covid-19 at the end of February 2020. 6,723 individuals have died from the virus in Georgia so far. The country has reported 4,901 new cases of 46,595 tests and 2,586 recoveries in the past 24 hours. Most of the new cases were reported in the capital Tbilisi, Adjara and Imereti regions.
Average monthly nominal earnings in Georgia increased by 177.9 GEL (15.5%) in the second quarter of 2021 compared to the same quarter of the previous year and amounted to 1,328 GEL (about $428.39/€362.20), reports the National Statistics Office of Georgia (Geostat). The average earnings for women reached 1,077.8 GEL (about $347.68/€293.96), while men earned 1,560 GEL (about $503.23/€425.47) per month.
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.