War

Since the beginning of the war, Ukraine has lost 30%, or 5.5 million members, of its workforce.

Monday, May 15, 2023
Since the beginning of the war, Ukraine has lost 30%, or 5.5 million members, of its workforce.

The decline in the workforce may become a reason for a slowing in the pace of Ukraine’s recovery, believes Oleksiy Miroshnychenko, president of the Confederation of Employers of Ukraine.

According to him, the workforce losses observed in Ukraine are greater than in Germany after World War II. From 1939 to 1946, the working-age population in Germany decreased by 4.7 million, which was 16% – roughly half as much as seen in Ukraine.

The situation in Ukraine is also complicated by the labor force’s movement in response to the war – as of the beginning of 2023, 50-55% of all non-disabled people have changed their residence.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
The US has approved the transfer of a Russian oligarch’s confiscated assets to Ukraine.

The US has approved the transfer of a Russian oligarch’s confiscated assets to Ukraine.

Next post
Tax revenue from tourism increased in 10 regions of Ukraine.

Tax revenue from tourism increased in 10 regions of Ukraine.

Previous Main Topics