,,In the third quarter of 2023, after significant positive trends observed in the third quarter of the previous year, the increasing dynamics of employment continued. The workforce has also increased. In the third quarter of 2023, the number of employees increased by 7.7 thousand and reached a record quarterly figure of 1,366.3 thousand. The level of employment is also a record and is 45.3%," - Vakhtang Tsintsadze, Deputy Minister of Economy and Sustainable Development stated.
According to the Deputy Minister, the trends of high economic growth continue in Georgia for the third year, and with this indicator, Georgia is the leader in terms of economic growth, both in the wider region and among European countries, which has a positive impact on the trends of the labor market.
"In the third quarter of 2023, the number of employed persons increased by 29,300, the number of self-employed persons decreased, which once again indicates that the self-employed are moving into the ranks of employed persons. We expect that the trend of the economic growth will continue in the coming years, which in itself will positively affect both the increase in the number of employees and the reduction of poverty," - the Deputy Minister said.
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