According to the National Statistics Office of Georgia (GEOSTAT), in the third quarter of 2022, compared to the corresponding period of the previous year, the number of hired persons increased by 52 thousand (6.0%) and reached 913.8 thousand, while the number of self-employed persons increased by 25.8 thousand (6.2%) and amounted to 444.3 thousand. In the same period, the number of unemployed decreased by 60.1 thousand (19.3%) and amounted to 250.7 thousand.
In the III quarter of 2022, the unemployment rate in both urban and rural settlements decreased by 4.8 and 2.7 percentage points, respectively, compared to the corresponding period of the previous year.
The unemployment rate is traditionally higher among men than among women. In the 3rd quarter of 2022, compared to the corresponding period of the previous year, the mentioned indicator decreased by 3.5 percentage points among women, and by 4.2 percentage points - among men.
The labor force participation rate is higher among men than among women. In the III quarter of 2022, the mentioned figure was 43.4 percent among women and 65.3 percent among men. Compared to the corresponding period of the previous year, the labor force participation rate among women increased by 1.0 percentage points, and among men - by 0.5 percentage points.
In the third quarter of 2022, compared to the corresponding period of the previous year, the labor force participation rate increased by 2.4 and 3.2 percentage points for both women and men, respectively.