In February 2022, the number of persons receiving a monthly salary increased by 7% compared to the corresponding period of 2021 and by 3% compared to the corresponding period of 2020, - according to the report published by the Policy and Management Consulting Group PMCG.
According to the report, on February 2022, the average share of persons receiving a monthly salary up to 600 GEL amounted to 25.5%, which was 3 percentage points less than the corresponding period of 2021.
In February 2022, the average share of persons receiving a monthly salary of more than 2,400 GEL amounted to 15.7%, which was 2.8 percentage points more compared to the corresponding period of 2021, and 4 percentage points higher than the corresponding period of 2020.
In February 2022, the number of persons receiving a monthly salary higher than 9,600 GEL, increased by 37% compared to 2021 and 50% compared to 2020.
Overall, in Q4 of 2021, the BAG Employment Barometer amounted to 20.5 points, which is 8.8 points more than in Q3.
In Q4, the Employment Barometer was positive for all sectors. In Q4 of 2021, the construction sector recorded the highest Employment Barometer indicator with 50 points and the lowest score was reported by the service sector with 11.1 points.
Overall, in Q1 of 2022, the BAG Employment Barometer amounted to 24.9 points, which is 4.4 points more than in Q4 of 2021 year. It was positive for all sectors. In Q1 of 2022, the construction sector had the highest employment barometer indicator with 37.5 points and the service sector had the lowest with 15.6 points.
Overall, in Q4 of 2021, 32.7% of surveyed companies increased their number of employees, 6.6% recorded a decrease, and 60.7% reported no change. Overall, in Q1 of 2022, 18.7% of surveyed companies increased their number of employees, 9.3% recorded a decrease, and 72% reported no change.
Overall, 29% of surveyed companies were expecting to increase their number of employees in Q2 of 2022, 3.7% anticipated a decrease, and 67.3% were not expecting any changes.
The most optimistic expectations for employment in the Q2 of 2022 are recorded in the construction sector, wherein in Q2 of 2022, 38% of companies plan to increase the number of employees.
