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Georgia sees surge in labor market

Business Materials 23 April 2021 15:46 (UTC +04:00)
Georgia sees surge in labor market

BAKU, Azerbaijan, April 23

Tamilla Mammadova – Trend:

The labor market got active in the last months in Georgia, Trend reports via the employment portal HR.GE.

As reported, 34 percent more vacancies were published in February compared to January. Job postings continued to grow in March and the increased 38 percent compared to February.

As Inga Shakhbaziani, the regional manager of HR.GE declares rates of 1Q2021 lags behind by 15 percent compared to the same period of 2019. Some 70 percent of job posts account for Tbilisi, the rest of the vacancies are distributed in the other regions.

“We predict that over 4,000 job posts will be published. Passive April is due to the expected COVID-related restrictions. Companies are reluctant and say that if the restrictions are not added, then they will announce new vacancies. We expect the growth trend to continue from the second half of May," said Shakhbaziani.

According to her, all companies have revived from January, especially sales and IT direction, as well as HORECA(Hotel/Restaraunt/Cafe) sector, manufacturing, finance, trade facilities. The only sector, which has not yet announced vacancies, is the tourism sector.

"Before the COVID-19 pandemic, 50 percent of job posts accounted for Tbilisi and the other half – for the regions. Now, a sharp decline is revealed in the region, and Tbilisi's share is grown up to 70 percent. Batumi's HORECA sector is more or less active, which is probably related to the summer season," Shakhbaziani added.

According to the regional manager of HR.GE, the number of job seekers is also increased. Over 200 job seekers are registered on the employment portal in a day.

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