29.Jun .2022 18:00

Employment Barometer Made An Improvement Compared Q1 of 2022 - BAG Index

Employment Barometer Made An Improvement Compared Q1 of 2022 - BAG Index
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Georgian Business Association published a report on BAG Employment Barometer. According to the document, the surveyed business generally had a positive outlook in Q2 of 2022 for the next three months. The BAG Employment Barometer amounted to 27.7 points, making an improvement, both compared the Q2 of 2021 (by 0.3 points) and Q1 of 2022 (by 2.8 points).

In Q2 of 2022, the BAG Employment Barometer was positive for all sectors. In Q2 of 2022, compared to Q1 of 2022, the employment barometer indicator improved in all sectors, except construction, where the employment barometer indicator decreased by 10.2 points. It is worth mentioning the manufacturing sector, where the employment barometer indicator improved by 10.6 points.

In Q2 of 2022, compared to Q1 of 2022, the improvement of the employment barometer indicator in the manufacturing, service, and trade sectors can be associated with optimistic expectations regarding the growth of sales in the above-mentioned sectors.