Unemployment rate hits 20.6% in Georgia

Unemployment rate hits 20.6% in Georgia

Last year the unemployment rate in Georgia increased by 2.1 percent compared to 2020 and amounted to 20.6 percent, the National Statistics Office of Georgia said on Wednesday.

 

The agency suggested that in 2021 labour force participation rate (share of the labour force in total population aged 15 and older) increased by 0.5 percentage points compared to the previous year and became 50.9 percent, while employment rate declined by 0.7 percentage points and amounted to 40.4 percent.

 

“The Labour force participation rate in urban settlements increased by 0.2 percentage points and by 0.8 percentage points in rural settlements compared to the previous year. The employment rate in urban settlements as well as in rural areas decreased by 0.9 and 0.4 percentage points respectively,” Geostat said.

 

In 2021, compared to the previous year, the biggest rise in the unemployment rate was observed in Tbilisi, Samtskhe-Javakheti and Imereti regions by 3.7, 3.5 and 3.4 percentage points, respectively.

 

Traditionally, the unemployment rate was higher for men than for women. In 2021, compared to the previous year this indicator increased for women by 1.6 percentage points, while it increased by 2.5 percentage points for men.

 

The labour force participation rate was higher for men than for women.

 

 In 2021 the indicator for women was 40.5 percent and for men – 62.9 percent. The labour force participation rate for women increased by 0.1, while that increased by 0.9 percentage points for men, compared to the previous year.

 

In 2021 the employment rate for women as well as for men decreased by 0.5 and 0.9 percentage points, respectively, compared to the previous year.





Last year the unemployment rate in Georgia increased by 2.1 percent compared to 2020 and amounted to 20.6 percent, the National Statistics Office of Georgia said on Wednesday.

 

The agency suggested that in 2021 labour force participation rate (share of the labour force in total population aged 15 and older) increased by 0.5 percentage points compared to the previous year and became 50.9 percent, while employment rate declined by 0.7 percentage points and amounted to 40.4 percent.

 

“The Labour force participation rate in urban settlements increased by 0.2 percentage points and by 0.8 percentage points in rural settlements compared to the previous year. The employment rate in urban settlements as well as in rural areas decreased by 0.9 and 0.4 percentage points respectively,” Geostat said.

 

In 2021, compared to the previous year, the biggest rise in the unemployment rate was observed in Tbilisi, Samtskhe-Javakheti and Imereti regions by 3.7, 3.5 and 3.4 percentage points, respectively.

 

Traditionally, the unemployment rate was higher for men than for women. In 2021, compared to the previous year this indicator increased for women by 1.6 percentage points, while it increased by 2.5 percentage points for men.

 

The labour force participation rate was higher for men than for women.

 

 In 2021 the indicator for women was 40.5 percent and for men – 62.9 percent. The labour force participation rate for women increased by 0.1, while that increased by 0.9 percentage points for men, compared to the previous year.

 

In 2021 the employment rate for women as well as for men decreased by 0.5 and 0.9 percentage points, respectively, compared to the previous year.