The Prime Minister of Georgia, Irakli Garibashvili spoke about the increased employment indicator today at the government meeting, noting that the employment indicator has grown to a historic-high level and unemployment has declined to a historic-low.
“I wish to say a few words about the availability of jobs in the country. The number of employment opportunities was increased in Q1 2023, with 42,000 more jobs created, thus reaching 716,000. It is a record-high number correlating with employment in the private sector in first quarters. Inter alia, we had quite a high indicator in Q1 of 2020. Back the, the pandemic was already having an impact, but we still had 31,000. It was believed to be one of the best performance indicators. Now, a couple of years later, we had an increase of 42,000 jobs in Q1 2023. This is very exciting information,” stated Garibashvili.
He noted that unemployment and poverty have dropped to a historic-low.
“Our Economic Team had a discussion on this topic last week. GeoStat released data on this, evidencing that employment has reached a historic-high level. It may be said that unemployment has dropped to a historic-low, as has poverty, which has also dropped to a historic minimum,” concluded the Prime Minister of Georgia.
