19 November 2024,   22:23
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In 2020 the unemployment rate in Georgia increased by 0.9% - GeoStat

In 2020 the unemployment rate in Georgia increased by 0.9% compared to 2019 and amounted to 18.5%.

In 2020 labour force (economically active population) constituted 50.5% of the working age population (population aged 15 and older). The Labour force participation rate (economic activity rate) declined 1.3%, while employment rate by 1.5% compared to the previous year. The Labour force participation rate (economic activity rate) in urban settlements decreased by 0.3% and by 2.6% in rural settlements compared to the previous year. The employment rate in urban settlements as well as in rural areas decreased by 1.3% and 1.8% respectively.

In 2020, the share of hired employees was 68.1% among employed persons that decreased by 1.2% compared to the previous year.

In 2020, the unemployment rate in urban settlements increased by 2.0% compared to the previous year, while in rural settlements that decreased by 0.9%.

In 2020, compared to the previous year the unemployment rate increased in Tbilisi, Kvemo Kartli and Adjara regions by 3.8, 2.8 and 1.1%, respectively. The indicator remained unchanged in Samegrelo-Zemo Svaneti region, while the unemployment rate declined in the rest regions.

Traditionally, the unemployment rate is higher for men than for women. In 2020, compared to the previous year this indicator increased for women by 0.2%, while it increased by 1.3% for men.

In 2020 the employment rate for women as well as for men decreased by 2.3% and 0.6%, respectively compared to the previous year.

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