In the II quarter of 2023, the unemployment rate in Georgia decreased by 1.4 percentage
points compared to the corresponding period of the previous year and equaled 16.7 percent, reads the latest report of the National Statistics Office of Georgia (GeoStat).
In the II quarter of 2023, compared to the corresponding period of the previous year,
the number of hired employees increased by 48.7 thousand persons (5.6%) and reached 916.7
thousand, while the number of self-employed increased by 9.0 thousand (2.2%) and equaled to
410.2 thousand. In the same period, the number of unemployed decreased by 14.6 thousand (5.2%) and equaled to 266.9 thousand.
In the II quarter of 2023, the labour force participation rate (share of the labour force in the total
population aged 15 and older) increased by 1.6 percentage points compared to the corresponding
period of the previous year and became 53.2 percent, while the employment rate increased by
2.1 percentage points and amounted to 44.3 percent. The labour force participation rate in urban settlements increased by 1.0 percentage points, in rural settlements - by 2.4 percentage points
compared to the previous year, while the employment rate increased in urban settlements by 2.1
percentage points, in rural areas - by 2.0 percentage points and equaled 44.9 and 43.4 percent,
respectively.
In the second quarter of 2023, compared to the corresponding period of the previous year,
the share of hired employed in the total number of employed increased by 0.7 percentage
points and equaled 69.1 percent.
In the II quarter of 2023, compared to the corresponding period of the previous year, the
unemployment rate decreased in urban settlements by 2.5 percentage points, while in rural
settlements it increased by 0.2 percentage points.
Traditionally, the unemployment rate is higher for men than for women. In the II quarter of
2023, compared to the corresponding period of the previous year, this indicator decreased for
women by 0.5 percentage points, while it decreased by 2.0 percentage points for men and equaled
14.5 and 18.5 percent, respectively.
The labour force participation rate is higher for men than for women. In the II quarter of 2023,
the indicator for women was 42.9 percent and for men – 65.1 percent. The labour force participation
rate for women increased by 2.2 percentage points, while for men it increased by 0.9 percentage
points, compared to the corresponding period of the previous year.
In the II quarter of 2023, the employment rate for women as well as for men increased by 2.1
and 2.0 percentage points, respectively compared to the corresponding period of the previous
year.
