Unemployment rate down 4% in Q2, Georgian statistics office says
Geostat said the number of hired employed had increased by 4.4 percent and reached 867,900 individuals, while the number of self-employed had increased by 5.1 percent and equalled 401,200. Photo: Nino Alavidze/Agenda.ge
Tweet 
Share
Unemployment rate in Georgia decreased by four percent in the second quarter of 2022 compared to the same quarter of the previous year and equalled 18.1 percent across the country, data from the National Statistics Office of Georgia shows.
Geostat said the number of hired employed had increased by 4.4 percent and reached 867,900 individuals, while the number of self-employed had increased by 5.1 percent and equalled 401,200.
In the same period, the number of unemployed decreased by 18.3 percent and equalled 281,600", Geostat said.
The share of the labour force in the total population aged 15 and older increased by 0.1 percentage points year-on-year and became 51.5 percent, while the employment rate increased by 2.1 percentage points and amounted to 42.2 percent.
The labour force participation rate in urban settlements decreased by 1.6 percentage points, while it increased by 2.3 percentage points in rural settlements compared to the previous year. The employment rate increased in urban settlements (by 0.9 percentage points) as well as in rural areas (by 3.7 percentage points) and equalled 42.8 and 41.4 percent, respectively", Geostat said.
The share of hired employees among employed individuals was 68.4 percent, 0.1 percentage points lower than the previous year`s corresponding period, according to the Office.
In Q2, the unemployment rate decreased in urban as well as in rural settlements by 3.9 percentage points.
The body also said the unemployment rate was "traditionally higher for men than for women", with the labour force participation rate higher for men than women.
"This indicator decreased for women by 3.8 percentage points, while it decreased by four percentage points for men", Geostat said.
The Government-initiated public employment programme for socially vulnerable citizens has given jobs to about 20,000 people, including 1,000 contracts issued by agencies of the country’s Agriculture Ministry, the Labour Ministry announced on Friday.
The number of individuals receiving a monthly salary higher than ₾9,600 (about $3,310/€3,149) increased by 42 percent in May year-on-year, a report published by PMC Research Centre on Wednesday showed.
The turnover received by the Georgian business sector increased by 33.2 percent (y/y) and amounted to ₾38.6 billion (about $12.95bln/€12.05bln) in the first quarter of 2022, the latest data published by the National Statistic Office of Georgia on Friday said.
Georgia is negotiating with nine European countries to allow temporary legal employment of Georgian nationals, a report by the Georgian Government, submitted to the country’s Parliament on Wednesday, said.
The turnover received by the Georgian business sector increased by 19.2 percent (y/y) and amounted to ₾41.7 billion (about $14.53 bln) in the second quarter of 2022, the latest data published by the National Statistic Office of Georgia said.
Average monthly nominal earnings in Georgia increased by ₾213.3 (about $75) in the second quarter of 2022 compared to the same period of previous year, marking a 16.1 percent increase to reach ₾1.541 (about $544), the national statistics office of Georgia said on Thursday.
Zurab Azarashvili, the Georgian minister of labour, on Friday said the government-initiated public employment programme for socially vulnerable citizens had given jobs to 23,000 people since March.
A series of European Union-funded labour market studies have identified low qualification of job seekers as one of the main barriers for both employers and those looking for work in Georgia, the EU Delegation to Georgia said on Wednesday.
The turnover received by the Georgian business sector increased by 31.5 percent (y/y) and amounted to ₾150.4 billion (about $53.25 bln) in 2021, the latest data published by the National Statistic Office of Georgia said.
Unemployment rate in Georgia decreased by 1.4 percent in the first quarter of 2023 compared to the same quarter of the previous year and equalled 18 percent across the country, data from the National Statistics Office of Georgia shows.