Natia Turnava: The current positive trends in the economy will be reflected in the reduction of unemployment and employment growth in the coming months

Unemployment growth in the second quarter of 2021 is related to the restrictions imposed in the second quarter of the previous year. In particular, those who lost their jobs last year were statistically reflected in the unemployment statistics for the following period. This circumstance largely explains the increase in unemployment in the second quarter of this year, - said the Minister of Economy while assessing the figures published by Geostat.

According to Natia Turnava, against the background of the challenges and restrictions related to the pandemic, the growth of unemployment and poverty is a global problem and, consequently, Georgia is no exception.

"Our state programs and the policies implemented by the Georgian government, as well as the positive trends in the economy, will be reflected in a significant reduction in unemployment and employment growth in the coming months. It is clearly positive that in the second quarter of 2021 the level of labor force activity increased from 50.3 percent to 51.4 percent, while the labor force itself increased by 44.1 thousand", - said Natia Turnava.

According to her, this is clearly related to the unprecedentedly high economic growth of 30 percent in the second quarter of this year and the state programs that the state is actively implementing, including in the direction of stimulating local business.