Georgia’s unemployment rate has surged to its highest level in years as the pandemic continues to hit jobs, rising to 20.4 % in the forth quarter of 2020, said the National Statistics Office (Geostat).
According to Geostat, in the fourth quarter of 2020, the unemployment rate increased by 3.8 % compared to the same period of the previous year and amounted to 20.4 %.
In the same time span, the unemployment rate increased in both urban and rural settlements by 5.6 and 1 percentage points, respectively.
“Unemployment is traditionally higher among men than women. In the fourth quarter of 2020, compared to the same period of the previous year, unemployment rate increased by 2.5 % for women and by 4.7 % for men,” said Geostat.