In 2016, unemployment level in Georgia went down by 0.2%, compared to 2015 and made 11.8%. According to the information provided by GeoStat, in 2016, employment level reached the lowest point for the last 13 years.
According to the data, provided to Forbes by GeoStat, the state owns a share in 11 companies out of 20 major employers in Georgia.
Major employers of the business sector are:
Georgian Post
JSC Energo-Pro Georgia
Tbilsrvice Group, Ltd.
Tbilisi Transport Company, Ltd.
Georgian Manganese, Ltd.
JSC Georgian Railway
JSC Medical Corporation EVEX
Geo Hospital, Ltd.
United Water Supply Company of Georgia, Ltd.
10 major employers in the non-entrepreneurial sector are:
JSC TBC-Bank
LEPL Security Police Department
LEPL Ilia State University
LEPL Tbilisi Ivane Javakhishvili State University
Micro-finance organization Credo (since march 2017 – JSC Credo Bank)
LEPL Emergency Situation Management Agency
JSC Liberty Bank
LEPL Tbilisi State Medical University
LEPL Technical University of Georgia
JSC Bank of Georgia
The companies were not listed by the statistics service according to their rating. Moreover, GeoStat does not possess information about the number of people employed by companies, however, in 2016, number of people employed by state institutions decreased by 12 675 persons and made 262 000. 14.9% of all employed people work in governmental sector.
