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Geostat: Unemployment Level Declines by 1.9%

In the second quarter of 2018 the unemployment level in Georgia declined by 1.9% compared to the first quarter of 2018 and constituted 12.1%. According to Geostat, national statistics service of Georgia, this declination is related to seasonal factors.

In the second quarter of 2018, the ratio of economic active population in total number of residents of productive age (15 years old and over) made up 64%. The reporting period has recorded a growth in economic activity and employment level by 0.2% and 1.4%, respectively, compared to the previous quarter.

In urban settlements the employment level increased by 2.5% quarter on quarter, while in rural settlemnts the index declined by 0.2%.

In the second quarter of 2018, the ratio of the self-employed made up 48.7%, down 1.9% compared to the previous quarter.

Unemployment level is lower in rural settlements. In the second quarter of 2018, unemployment level in rural settlements rose by 0.1% quarter on quarter, while the same index in urban zones declined by 3.9%.

Unemployment Level is traditionally high among males. In the reporting period, males’ unemployment exceeded women unemployment by 3.3%. At the same time, the mentioned index declined among both males and females by 1.9% and 1.8% respectively.