The FINANCIAL — With an average monthly disposable salary of USD 245.35, Georgia is ranked fourth by lowest monthly wage following Tajikistan, Moldova and Ukraine among post-Soviet states. With USD 880.13 Estonia is the leader out of the total 15 countries. The unemployment rate in Georgia shrunk from 14.6% to 12.4% in 2015. Meanwhile though, following behind Armenia with 16.60%, the country has the second highest unemployment rate out of all post-Soviet states.
The FINANCIAL has compared the data of the wage rates and the unemployment of all post-Soviet states. The statistical data is provided by Numbeo.com, provider of current and timely information on world living conditions including cost of living, housing indicators, healthcare, traffic, crime and pollution and Trading Economics, providing information for 196 countries including historical data for more than 300,000 economic indicators, exchange rates, stock market indexes, government bond yields and commodity prices. The data of trading economics is based on official sources.
With USD 882.55 Estonia is the leader in terms of highest monthly salaries. It is followed by: Latvia – USD 674.22; Lithuania – USD 654.27; Turkmenistan – USD 583.33; Russia – USD 524.18; Kazakhstan – USD 393.70; Belarus – USD 361.59; Uzbekistan – USD 310.17; Kyrgyzstan – USD 300; Azerbaijan – USD 274.83; Armenia – USD 268.73; Georgia – USD 245.35; Ukraine – USD 194.49; Moldova – USD 188.72; and Tajikistan – USD 131.23.
The record highest rate of jobless citizens has been shown in Armenia. The rate measured 16.60%. The record lowest unemployment rate is in Belarus, measuring 0.50%.
Belarus is followed by: Tajikistan and Kyrgyzstan, both measuring 2.20%; Moldova – 4.20%; Azerbaijan – 5%; Kazakhstan – 5.10%; Russia – 5.8%; Estonia – 6.4%; Lithuania – 9.2%; Latvia – 9.8; Ukraine – 9.9%; Turkmenistan – 10.6%; Uzbekistan – 10.7%; Georgia – 12.4%; and Armenia – 16.60%.
According to the Georgian Statistics Office, the number of Georgia’s labour population is 1,991,100. Out of them 1,745,200 are employed and the remaining 246,000 are unemployed.
Despite the high unemployment rate in Georgia, 2016 has been a far less promising year for jobseekers. The number of vacancies published on the Civil Service Bureau website – hr.gov.ge – has been reduced this year.
The number of job vacancies published on the civil service bureau web page hr.gov.ge was 1,036 during January-February 2016. The number was 1,748 (or 41% less) during the same period of the prior year.
There are 223,189 users registered on the website for now. The number was 199,380 as of February 2015. The number of daily visitors is over 900.
The total number of vacancies published on the web portal in 2015 was 10,257.
In the first quarter of 2015, Iliauni Business Review (IBR) studied the announcements of the most popular two employment-related web-portals in Georgia (www.jobs.ge and www.HR.com.ge) in accordance with professions, companies and regions. A total of 2,251 vacancies were reviewed. In addition, IBR listed the top 30 employers on the basis of the information delivered by the companies.
The research stated the vacancies which were in-demand out of the countries, from Ukraine, Germany, South Africa and Qatar in particular. In addition, the research released the figures of the highest paying vacancies.
The research studied 2,251 vacancies, covering the period from 1 November to 1 March. The top three most in-demand positions were as follows: sales manager – 235 units; accountant – 105 units; and distributor – 98 units.
The companies which are most intensively seeking a labour force were as follows: in first place – Bank Constanta (76 units); second place – Supermarket Smart (57 units); and third place – Silknet (41 units).
The top 10 included: Georgian Technical University; Justice House/Ministry; Sakaeronavigacia; IPM Terminal Poti; Nikora; Europe House; and KSB Bank. According to the regions, those with the highest number of vacancies are: Tbilisi – 78 %; Imereti – 5%; Adjara – 5 %; Samegrelo – 3%; Kakheti – 3%; Kvemo Kartli – 2%; Guria – 2%; Samtske-Javakheti – 1%; and Shida Kartli – 1%.
The top employer companies were as follows: 1. Georgian Railway – 13,500 units; 2. Bank of Georgia – 8,000 units; 3. Energo-Pro Georgia – 5,500 units; 4. Wissol Group – 4,500 units; and 5. Liberty Bank – 4,500 units. Big companies such as Silknet, TBC Bank, Telasi, Rustavi Azoti, Sokar, Goodwill and others were listed as well.