25 June 2024,   06:14
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In the IV quarter of 2021, the unemployment rate in Georgia decreased by 1.4% compared to the corresponding period of the previous year

In the IV quarter of 2021, the unemployment rate in Georgia decreased by 1.4% compared to the corresponding period of the previous year and equaled 19.0%, writes GeoStat.

In the IV quarter of 2021, the labour force constituted 51.2% of the working-age population (population aged 15 and older), which is 1.2% more than that was to the corresponding period of the previous year, while the employment rate increased by 1.7% and equaled to 41.5%. The Labour force participation rate in urban settlements decreased by 0.3%, while in rural settlements increased by 3.1%. The employment rate increased in urban settlements by 0.9% and by 2.7% in rural settlements.

In the IV quarter of 2021, the share of hired employees was 67.6% among employed persons that increased by 0.4% compared to the corresponding period of the previous year.

In the IV quarter of 2021, the unemployment rate in urban settlements decreased by 2.1% compared to the corresponding period of the previous year, while in rural settlements decreased by 0.2%.

Traditionally, the unemployment rate is higher for men than for women. In the IV quarter of 2021, compared to the corresponding period of the previous year, this indicator decreased for women by 1.0%, while it decreased by 1.7% for men.

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