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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Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	labor market developments labor market poverty labor market status labor force indicators wage distribution worker characteristics job characteristics
Online Access:	http://documents.worldbank.org/curated/en/2013/03/18060967/georgia-skills-mismatch-unemployment-labor-market-challenges http://hdl.handle.net/10986/15985

id	okr-10986-15985
recordtype	oai_dc
spelling	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
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	labor market developments labor market poverty labor market status labor force indicators wage distribution worker characteristics job characteristics
spellingShingle	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
geographic_facet	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

Georgia : Skills Mismatch and Unemployment, Labor Market Challenges

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