25 April 2024,   02:14
more
In the II quarter of 2021, the unemployment rate in Georgia increased by 3.8% - GeoStat

In the II quarter of 2021, the unemployment rate in Georgia increased by 3.8% compared to the corresponding period of the previous year and equaled 22.1%.

In the II quarter of 2021, labour force (economically active population) constituted 51.4% of the working age population (population aged 15 and older), which is 1.1% more than that was to the corresponding period of the previous year, while the employment rate decreased by 1.0% and equaled to 40.1%. The Labour force participation rate (economic activity rate) in urban settlements increased by 1.0%, while in rural settlements that increased by 1.3%. The employment rate decreased in urban settlements by 0.5% and by 1.7% in rural settlements.

In the II quarter of 2021, the share of hired employees was 68.5% among employed persons that increased by 0.7% compared to the corresponding period of the previous year.

In the II quarter of 2021, the unemployment rate in urban settlements increased by 2.3% compared to the corresponding period of the previous year, while in rural settlements that increased by 6.2%.

Traditionally, the unemployment rate is higher for men than for women. In the II quarter of 2021, compared to the corresponding period of the previous year this indicator increased for women by 1.2%, while it increased by 5.7% for men.

The labour force participation rate (activity rate) is higher for men than for women. In the II quarter of 2021 the indicator for women was 40.7% and for men – 63.7%. The labour force participation rate (activity rate) for women increased by 0.3%, while for men - 2.0%, compared to the corresponding period of the previous year.

In the II Quarter of 2021 the employment rate for women as well as for men decreased by 0.3 and 2.0%, respectively compared to the corresponding period of the previous year.

MORE HEADLINES