27 June 2022,   03:45
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There are 290 000 unemployed people in Georgia, which is 28 000 less than last year - GeoStat

In the I quarter of 2022, the unemployment rate in Georgia decreased by 2.5% compared to the corresponding period of the previous year and equaled 19.4%.

In the I quarter of 2022, the labour force participation rate (share of the labour force in total population aged 15 and older) increased by 1.6% compared to the corresponding period of the previous year and became 49.9%, while the employment rate increased by 2.5% and amounted to 40.2%. The Labour force participation rate in urban settlements increased by 0.8% and by 2.7% points in rural settlements compared to the previous year. The employment rate in urban settlements as well as in rural areas increased by 2.2 and 2.9% respectively.

In the I quarter of 2022, the share of hired employees among employed persons was 68.1%, which is 1.2% lower compared to the corresponding period of the previous year.

In the I quarter of 2022, the unemployment rate in urban settlements decreased by 3.1% compared to the corresponding period of the previous year, while in rural settlements it decreased by 1.5%.

Traditionally, the unemployment rate is higher for men than for women. In the I quarter of 2022, compared to the corresponding period of the previous year, this indicator decreased for women by 2.2%, while it decreased by 2.7% for men.

The labour force participation rate is higher for men than for women. In the I quarter of 2022, the indicator for women was 39.1 percent and for men – 62.5%. The labour force participation rate for women increased by 0.9%, while for men it increased by 2.5%, compared to the corresponding period of the previous year.

In the I quarter of 2022, the employment rate for women as well as for men increased by 1.6 and 3.6%, respectively compared to the corresponding period of the previous year.

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