Search
Close this search box.

Number of hired employees down in Georgia in 1Q2021

The number of hired employees down by 108,000 in Georgia in 1Q2021, Trend reports via the National Statistics Office of Georgia (Geostat).

According to the document, 782,800 persons were hired in the country in 1Q2021, which was less by 108,000 compared to the same period of the previous year.

Consequently, 108,000 fewer people in the country have paid jobs due to the economic crisis of COVID-19. In addition, the number of self-employed was reduced to 345,700.

In total, the number of employed and self-employed persons decreased by 132,900.

According to Geostat, the official unemployment rate in Georgia increased to 21.9 percent, which is a record high and the rate is 3.7 percentage points higher compared to the same period of the last year.

In addition, the number of economically active population has also decreased. If in the first quarter of 2020, 1.54 million citizens had the economically active status, the number was decreased by 98,000 to 1.45 million.

The number of hired and self-employed people is expected to increase again from the second quarter of 2021.

Employment is unlikely to reach the pre-pandemic COVID-19 level in 2021.

 

Source: TREND News Agency