Geostat: Unemployment Rate Hits 20,4% in Fourth Quarter 2020  

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Georgia’ unemployment rate is at its highest level years, as the continues affecting jobs. It will rise 20.4% the fourth quarter of 2020, according to the National Office (Geostat).
Geostat estimates that the unemployment rate in 2020 will be 20,4 %, up by ,8 % from the same period last year.
In the same period, the unemployment rate in urban and rural settlements increased by 5.6 and 1%, respectively.
“Traditionally, unemployment is higher among men than females. Geostat reported that the unemployment rate for women increased by ,5% in the fourth quarter 2020 compared to the same time period the year before, and for men by 4,%.

 

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