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.