LABOUR MARKET OF GEORGIA: OVERVIEW AND ANTICIPATED EVOLUTION

This study examines the trends and developments in Georgia’s labor market, with a primary focus on the period from 2013 to 2023. It is based on an analysis of current labor market conditions and relevant literature. The study identifies key drivers influencing the labor market, with particular emphasis on employers’ expectations. Notably, expanding digital access and the adaptation to advanced technologies are recognized as significant factors impacting the labor market. Additionally, the study outlines the most in-demand skills for the future workforce, which include creative and analytical thinking, technological literacy, systems thinking, expertise in artificial intelligence (AI) and big data, as well as competencies related to management, leadership, and cybersecurity. In the process of shaping future labor market policies, special attention is given to the influence of technological factors on the nature and roles of future work. The paper references studies that substantiate the growing im-pact of artificial intelligence on labor market dynamics. The conclusion emphasizes the necessity for coordinated approaches and strategies between labor market institutions and the education system to enhance labor market conditions and address existing and future skill mismatches. It is recommended that active labor market policies be grounded in a detailed and systematic study of anticipated labor market developments.