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According to the National Statistics Office, the labor force accounted for 51.2% of the working age population (aged 15 and over) during the reporting period, up 1.2 percentage points than the corresponding period of the previous year, while the employment rate has increased by 1.7 percentage points to 41.5 percent.
"Unemployment rate is traditionally higher among men than women. In the 4th quarter of 2021, compared to the same period of the previous year, this figure decreased by 1 percentage point for women and by 1.7 percentage points - for men.
Labor force participation rates are higher in men than in women. In the 4th quarter of 2021, the figure was 40.9 percent for women and 63.1 percent for men. The labor force participation rate increased by 1.4 percentage points for women and by 1.1 percentage points for men compared to the same period of the previous year,“ - Geostat stated.
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One US dollar trades at GEL 2.7755
14/03/2025