Labor Force Participation Rate in Georgia increased to 50.90 percent in 2021 from 50.48 percent in 2020. source: National Statistics Office of Georgia

Labor Force Participation Rate in Georgia averaged 58.24 percent from 1998 until 2021, reaching an all time high of 66.23 percent in 2001 and a record low of 50.48 percent in 2020. This page provides the latest reported value for - Georgia Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2022.

Labor Force Participation Rate in Georgia is expected to reach 51.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Labor Force Participation Rate is projected to trend around 50.10 percent in 2023 and 49.90 percent in 2024, according to our econometric models.

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Georgia Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 20.60 18.50 percent Dec 2021
Employed Persons 1201.10 1244.20 Thousand Mar 2022
Unemployed Persons 316.20 281.90 Thousand Dec 2021
Labor Force Participation Rate 50.90 50.48 percent Dec 2021
Wages 1446.51 1463.79 GEL/Month Mar 2022
Population 3.69 3.73 Million Dec 2021
Wages In Manufacturing 1331.83 1475.30 GEL Mar 2022
Youth Unemployment Rate 39.40 27.80 percent Dec 2020

Georgia Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.
Actual Previous Highest Lowest Dates Unit Frequency
50.90 50.48 66.23 50.48 1998 - 2021 percent Yearly