Category: Georgia
Georgia’s labor market: unemployment down but workforce participation also falls
The National Statistics Office (Geostat) reports that Georgia’s unemployment rate declined in the third quarter of 2025, even as fewer people participated in the labor force. The unemployment rate dropped by 0.5 percentage points year-on-year, reaching 13.3%. Despite the improvement in unemployment, overall labor force participation also slipped. In Q3 2025, the share of the […]
Read moreGeorgia extends tax exemption for cash register use at markets until 2028
Legislative amendments prepared by the government and presented to the Parliamentary Finance and Budget Committee by Deputy Finance Minister Mamuka Baratashvili revealed that the Government of Georgia plans to extend the tax exemption for the use of cash registers at markets until January 1, 2028. This will be the third extension of this obligation. Under […]
Read more“Personnel shortages are the main problem in the construction sector that causes sale price hikes”
«Due to the personnel shortages , the value of real estate rises each day, which in turn drives up sale prices,» Beso Ortoidze, CEO of the development company «Arsi», states. In his words, the staffing shortage results in higher employee salaries, which significantly affects housing sale prices. Note: a study by the Business Association Index […]
Read moreGeorgia’s job market improves with rising wages and fewer low earners
Nearly one million people in Georgia received a salary in September, up almost five percent from the previous month, signaling steady job growth despite persistent unemployment. According to data compiled by the research group PMCG, 985,975 people received a monthly salary in September 2025. That represents a 4.9 percent increase from August and a 2.6 […]
Read moreIT residence permit to help Georgia’s tech sector competitiveness
Representatives of Georgia’s IT sector say that the introduction of a new IT residence permit will help local companies retain foreign specialists and create a more predictable business environment. Speaking to BMG, Temo Maghradze, Director of Making Science Georgia, emphasized that the reform will simplify the process for non-resident professionals to live and work in […]
Read moreMedian monthly earnings in Georgia reach 1,332 GEL in 2024
Preliminary data from the National Statistics Office of Georgia (Geostat) reveals that Employee earnings in Georgia continued to grow in 2024, with the median monthly income rising by 7.6% compared to the previous year. The median monthly earnings reached 1,332 GEL, reflecting the midpoint of income distribution among employed persons. However, the figure remains 32.4% […]
Read moreA notable demand is observed on IT skills, attracting interest from both young people and individuals of various ages – Skillwill
The shortage of qualified personnel continues to be a significant challenges for local businesses, Konstantin Shubitidze, academic director of Skillwill, said an interview with «Commersant». He noted that the increasing demand in the labor market requires the advancement of vocational education to align with employers’ needs. In recent years, both the public and private sectors […]
Read moreEducation sector held the biggest share in employment among non-profit institutions
Non-profit institutions are legal entities or organizations which produce goods and services and are not focused to receive profits or financial gains. Most of goods and services produced by non-profit institutions are sold free of charge or in economically non-significant prices. These organizations are mostly self-financed, receive donations or membership fees. Financial and non-financial assets […]
Read moreAVERAGE MONTHLY NOMINAL EARNINGS OF EMPLOYEES (II QUARTER, 2025)
In the II quarter of 2025, the average monthly nominal earnings in Georgia increased by 10.3 percent (207.1 GEL) compared to the same quarter of the previous year and amounted to 2 212.0 GEL. According to the economic activity the highest monthly earnings were observed in the following fields: • Information and communication – 4 […]
Read more«The number of job vacancies decreased by 9% in summer» – HR.GE
Currently, according to our site, about 141 thousand people are actively seeking employment in the country. That’s how many applicants are registered on the HR.GE platform, – Inga Shakhbazian, Sales Director, Web Department at Hr Ge, states. In her words, the number of vacancies is below the number of applicants, due to a decline in […]
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