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unemployment rate

In Q3 of 2020 unemployment rate in Georgia increased by 0.7%

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The FINANCIAL — National Statistics Office of Georgia published Q3 data on indicators of the economic activity of the population. In the III quarter of 2020 the unemployment rate in Georgia increased by 0.7 percentage point compared to the corresponding period of the previous year and equaled 11.9 percent. The chart below presents the unemployment rate by quarters of 2018-2020 years. In the III quarter of 2020 economically active population constituted 60.8 percent of the working age population (population aged 15 and older). The economic activity rate compared to the corresponding period of the previous year, in urban settlements as…

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In Q3 of 2020 unemployment rate in Georgia increased by 0.7%

2 mins read

The FINANCIAL — National Statistics Office of Georgia published Q3 data on indicators of the economic activity of the population. In the III quarter of 2020 the unemployment rate in Georgia increased by 0.7 percentage point compared to the corresponding period of the previous year and equaled 11.9 percent. The chart below presents the unemployment…

OECD unemployment rate down to 7.4% in August 2020

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The FINANCIAL — The OECD unemployment rate fell by 0.6 percentage point in August, to 7.4%, but remained 2.2 percentage points above the level observed in February, before the COVID-19 pandemic hit the labour market. 48.4 million persons were unemployed in the OECD area, 13.5 million more than in February. Some care is needed in interpreting recent falls…