Copyright© Thomas Trutschel/photothek.net
In 2021, the official unemployment rate was 22 per cent, and as high as over 38 per cent for young adults aged 20 to 24. However, these figures do not take account of the fact that countless people work as day labourers or as smallholders engaged in subsistence farming. According to estimates, the actual unemployment rate was about 35 per cent prior to the COVID-19 pandemic. Moreover, in surveys, a large proportion of the people describe themselves as underemployed. Simultaneously, there are many vacant jobs, which can, however, not be filled because there is a lack of workers with appropriate skills.
In the latest Human Development Index (HDI), Georgia ranks 63rd out of 191 countries.