Georgia : Skills Mismatch and Unemployment, Labor Market Challenges
This paper reviews labor market performance in Georgia, and examines the link between labor market outcomes and poverty. At over 15 percent, the unemployment rate in the country is high by European standards. Georgia faces three main labor market i...
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2013
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Online Access: | http://documents.worldbank.org/curated/en/2013/03/18060967/georgia-skills-mismatch-unemployment-labor-market-challenges http://hdl.handle.net/10986/15985 |
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okr-10986-159852021-04-23T14:03:23Z Georgia : Skills Mismatch and Unemployment, Labor Market Challenges World Bank labor market developments labor market poverty labor market status labor force indicators wage distribution worker characteristics job characteristics This paper reviews labor market performance in Georgia, and examines the link between labor market outcomes and poverty. At over 15 percent, the unemployment rate in the country is high by European standards. Georgia faces three main labor market issues: (a) underutilization of labor resources, (b) earnings inequality, and (c) skills mismatch. All three have a negative impact on poverty. There is a mismatch between the demand for highly educated workers and their supply. Improving labor market outcomes is key to poverty reduction. This requires supporting the creation of more and better jobs in order to absorb the surplus labor and increase earnings. It also requires improving the quality of education to reduce the skills mismatch and support modernization of the Georgian economy. Finally, improving labor market outcomes requires developing institutions that improve access to jobs, reduce income inequality, and effectively protect core worker rights. The analysis presented in this paper represents individual level data from the 2010 Household Budget Survey (HBS) implemented by the National Statistics Office of Georgia (Geostat). 2013-10-01T19:23:53Z 2013-10-01T19:23:53Z 2013-03 http://documents.worldbank.org/curated/en/2013/03/18060967/georgia-skills-mismatch-unemployment-labor-market-challenges http://hdl.handle.net/10986/15985 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Europe and Central Asia Georgia |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
topic |
labor market developments labor market poverty labor market status labor force indicators wage distribution worker characteristics job characteristics |
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labor market developments labor market poverty labor market status labor force indicators wage distribution worker characteristics job characteristics World Bank Georgia : Skills Mismatch and Unemployment, Labor Market Challenges |
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Europe and Central Asia Georgia |
description |
This paper reviews labor market
performance in Georgia, and examines the link between labor
market outcomes and poverty. At over 15 percent, the
unemployment rate in the country is high by European
standards. Georgia faces three main labor market issues: (a)
underutilization of labor resources, (b) earnings
inequality, and (c) skills mismatch. All three have a
negative impact on poverty. There is a mismatch between the
demand for highly educated workers and their supply.
Improving labor market outcomes is key to poverty reduction.
This requires supporting the creation of more and better
jobs in order to absorb the surplus labor and increase
earnings. It also requires improving the quality of
education to reduce the skills mismatch and support
modernization of the Georgian economy. Finally, improving
labor market outcomes requires developing institutions that
improve access to jobs, reduce income inequality, and
effectively protect core worker rights. The analysis
presented in this paper represents individual level data
from the 2010 Household Budget Survey (HBS) implemented by
the National Statistics Office of Georgia (Geostat). |
format |
Economic & Sector Work :: Policy Note |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Georgia : Skills Mismatch and Unemployment, Labor Market Challenges |
title_short |
Georgia : Skills Mismatch and Unemployment, Labor Market Challenges |
title_full |
Georgia : Skills Mismatch and Unemployment, Labor Market Challenges |
title_fullStr |
Georgia : Skills Mismatch and Unemployment, Labor Market Challenges |
title_full_unstemmed |
Georgia : Skills Mismatch and Unemployment, Labor Market Challenges |
title_sort |
georgia : skills mismatch and unemployment, labor market challenges |
publisher |
Washington, DC |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2013/03/18060967/georgia-skills-mismatch-unemployment-labor-market-challenges http://hdl.handle.net/10986/15985 |
_version_ |
1764431543256743936 |