Category: NEWS
Situation in the Ukrainian Labor Market: Labor Shortage and High Unemployment Rate
The Ukrainian labor market is experiencing a challenging period characterized by a paradoxical combination of a shortage of skilled workers and a high unemployment rate. Since the beginning of the full-scale invasion by the Russian Federation in 2022, the labor sector has undergone significant changes that have impacted economic activity and employment opportunities. Key Changes […]
Read moreAs of 1st January, higher salaries for all public sector workers
All employees in the public sector will receive a 5.1 percent salary increase starting from 1 January 2026, announced the President of Serbia, Aleksandar Vučić. This means that as early as February, monthly pay will increase on average between 4,000 and 15,000 dinars, depending on the job position and sector. President Vučić emphasised that due […]
Read moreKazakhstanis work more than Americans but earn less
Kazakhstan is among the countries with the longest working weeks, according to the World’s Hardest Working Countries 2025 report by Visual Capitalist. The study shows that Kazakhstanis spend about 38 hours a week at work on average — significantly more than in most developed countries. For comparison, Americans work an average of 36 hours, Canadians […]
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 moreRising wages and fewer low earners in Georgia’s job market
As data compiled by the research group PMCG showed, 985,975 people received a monthly salary in September 2025 (a 4.9 percent increase from August and a 2.6 percent rise compared to September last year, despite persistent unemployment).
According to economist Soso Archvadze, even a one-percent increase means tens of thousands of new jobs and an overall growth in salaries and improvement of the livelihoods of around 30,000 to 40,000 Georgians.
Also, the number of low-income earners has decreased.
As official statistics show, the share of people earning less than 600 lari per month declined to 12.5 percent in September, one percentage point lower than in August and three points lower than a year earlier. Simultaneously, the share of high-income earners, those making 2,400 lari or more, reached 33.6 percent, up half a point from August and 5.6 points from last September.
Nevertheless, economist Merab Janiashvili says that the information technology sector is the area that has grown sharply in recent years, particularly due to the increase of the number of foreigners working in Georgia (Russians, Belarusians, and Ukrainians).
According to him, 200 to 300 percent growth in the IT sector has certainly boosted the economy, but at the same time, many of these workers don’t pay taxes and contribute little in the way of social payments.
As Janiashvili also added, rising food prices and high levels of emigration are still the reasons of concern, despite Georgia’s overall strong growth rate. According to him, the impact of job growth depends on which sectors expand and which contract.
For instance, the increase in agriculture, where wages are lowest, makes a limited overall effect. In the opposite way, the increase in construction makes a clearly beneficial multiplier effect across the economy.
Nevertheless, inflation makes average wages appear higher than before. According to the economist, five years ago, 600 lari was considered a decent salary, but now its real value has fallen sharply. It is too early to speak about the improvement of the situation only because of the fact that fewer people earn under 600 lari. Many of them are nearly where they were before.
Economic growth above the regional average and an inflow of foreign professionals have made Georgia’s job market improve steadily since the pandemic years. According to analysts, the overall decline in low-income earners and the expansion of the middle-income group could signify a shift toward a more stable economy.
Source Link
Read moreProfessional Retraining Grants for Logistics, Transport and Agri-Machinery in Frontline Regions (Ukraine)
The initiative focuses on targeted professional retraining in areas of high demand, ensuring that individuals and communities can adapt to the evolving labor market and support long-term regional recovery. The program will provide two primary grants, with the flexibility to expand depending on the quality of applications and the availability of funds. The first grant, […]
Read moreThe Business Registers Agency introduces new company registration fees
The Managing Board of the Business Registers Agency (APR) has adopted a new Decision on Fees for Registration and Other Services, which defines the types, amounts, and payment methods of fees for all procedures carried out by the Agency – from the establishment of companies and associations to the registration of media outlets, travel agencies, […]
Read moreTokayev Proposes Employing Top Foreign Graduates in Kazakhstan
President Kassym-Jomart Tokayev has proposed launching a program to employ the most talented foreign graduates of Kazakh universities, allowing them to begin their professional careers within the country. He announced the initiative during the Strategic Partners Forum, Kazakhstan – Territory of Academic Education. According to Tokayev, over 31,000 foreign students are currently studying at Kazakh […]
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 moreWhat Vacancies Became the Most Popular Among Ukrainians in 2025
In 2025, Ukrainians are showing a significant increase in job search activity, particularly in certain professional fields. An analysis revealed that the most dynamic growth over the year is seen in vacancies in the “Jobs Abroad” category and related sectors. Leaders of the Year: Nannies, Realtors, and Jobs Outside Ukraine The most impressive growth rate […]
Read more