Ukrainian businesses created over 22,000 jobs last year and raised salaries by 23%. Large businesses with revenues of over ₴1B ($24M) increased the number of full-time employees by 22,200 in 2024, according to the results of a labor market study. It is noted that these enterprises em... #JobInUkraine #LaborMarketUkraine #SalaryUkraine #UkraineEconomy #ukrainianbusiness
Every seventh Ukrainian is unemployed. According to 2024’s results, Ukraine’s average unemployment rate decreased to 14.3%. In 2023 the unemployment rate was 17.4%, in 2022 – 18.5%, the Center for Economic Strategy notes. ̶... #EmployeeDeficit #JobInUkraine #LaborMarketUkraine #SalaryUkraine #UkraineEconomy #UnemploymentUkraine
Despite the war, Ukraine has achieved a record GDP per capita; the World Bank worsens its forecast for 2025. Ukraine’s real GDP growth in 2024 was 3.6%. “If we look at the level of GDP by the level of the available population, we have now reached a record GDP per capita,” said Deputy Minist... #GDPinUkraine #SalaryUkraine #UkraineEconomicForecast #UkraineEconomy #worldbank
There are 14 million people of working age left in Ukraine, almost 42,000 are unemployed, and an acute shortage of personnel is pushing up salaries. After the start of the full-scale war and mass emigration in Ukraine, the working population decreased from 18 to 14 million people, said economist and member of the Economic Discussion Club, Oleg Pen... #EmployeeDeficit #JobInUkraine #LaborMarketUkraine #nbu #SalaryUkraine #UkraineEconomy
Ukraine’s labor market is stagnating, forcing companies in several sectors to plan layoffs. Most employers in the main economic sectors do not plan to increase vacancies dramatically and lay off workers. However, some companies are going to adjust their personnel. They plan to fire employees... #EmployeeDeficit #JobInUkraine #SalaryUkraine #UkraineEconomy #UkraineLaborMarket
Ministry of Economy: The average salary in Ukraine has increased to ₴19,553. Employers in Ukraine are raising wages for employees to retain and attract new highly qualified personnel amidst a shortage of labor resources, the Ministry of Economy reports. According to a state an... #AverageSalaryUkraine #EmployeeDeficit #JobInUkraine #SalaryUkraine #UkraineEconomy
The Ukrainian government clarified its 2024 forecast for developing the Ukrainian economy. The Ministry of Economy updated its statistical data and revised their assumptions and forecast for Ukraine’s economic and social development in 2024. Accordingly, by the end of 2024, nominal GD... #GDPinUkraine #InflationinUkraine #SalaryUkraine #UkraineEconomicForecast #UkraineEconomy #UnemploymentUkraine
Since the beginning of the war, the labor market in Ukraine has recovered by 93%, and the average salary has increased by 30%. Since the start of the full-scale invasion, the labor market has recovered by 93% in terms of vacancies. Work.ua research shows that Ukrainians prefer to work remotely. At the same time, after the sta... #JobInUkraine #SalaryUkraine #UkraineLaborMarket
Ukrainian wages have been growing for three quarters in a row, and inflation has fallen below the NBU’s target for the first time in three years. The revival of the economy and the slowdown of inflation have both contributed to the recovery of the growth in real wages since the second quarter of 2023. According to the National Bank of Ukraine, ... #InflationinUkraine #nbu #SalaryUkraine #UkraineEconomy
The government has issued a three-year forecast of Ukraine’s economic and social development: What will happen to GDP, inflation, and salaries? Next year, GDP will grow by 4.6%, in 2025, the growth rate will accelerate to 6.8%, and in 2026, it will slow to 6.6%. The growth of consumer prices (inflation), comparing December to December of the ... #GDPinUkraine #InflationinUkraine #SalaryUkraine #UkraineEconomicForecast #UkraineEconomy
A shortage of workers forces employers to invest in wages. The number of job vacancies in Ukraine’s labor market has exceeded 100,000 for three months. This corresponds to the number of registered unemployed of 108,000. In October, businesses tried to c... #JobInUkraine #SalaryUkraine #UkraineEconomy #UnemploymentUkraine
How will the Ukrainian income and employment situation change over the next two years? According to the NBU, unemployment will continue to decline but remain higher than pre-invasion levels. It is expected to decrease to almost 19% this year, to 16.5% next year, and below 15% in 2025. T... #nbu #SalaryUkraine #UkraineIncome #UnemploymentUkraine
The Ukrainian economy faces a severe problem: a lack of workers. Most companies, namely 65% of those surveyed, plan to open new vacancies in 2024, according to an EBA study. Also, more than 80% of businesses do not intend to reduce the number of personnel. In addit... #EBA #SalaryUkraine #UkraineEconomy #UkraineJobmarket
Businesses in Ukraine are ready to expand their staffs and raise employee salaries. According to EBA data, 58% of companies predict positive development dynamics in 2024. At the same time, 29% of directors of EBA member businesses expect to maintain business indicators in 2024, and 1... #BusinessDevelopment #BusinessInvestments #EBA #SalaryUkraine #бізнесвУкраїні
The Ministry of Finance has announced the main financial indicators for the 2024-2026 budgets. The Ministry of Finance has published instructions for preparing budget requests for the next year. The document suggests setting the dollar exchange rate at UAH 41.4 to $1 for the 2024 state budget p... #dollarexchangerate #financeUkraine #InflationinUkraine #SalaryUkraine #StateBudgetUkraine
The demand for labor is recovering in Ukraine, and wages are increasing. According to the National Bank, the situation in the labor market remains challenging: The unemployment rate decreased slightly during the first half of the year but remained high. The dynamics of lab... #nbu #SalaryUkraine #UkraineLaborMarket #UnemploymentUkraine
Demand for labor in Ukraine stimulates wage growth. In the July Macroeconomic and Monetary Review by the National Bank of Ukraine, an increase in employment vacancies indicates an increase in the demand for labor. This is partly due to a seasonal pick-... #JobInUkraine #nbu #SalaryUkraine #UkraineLaborMarket
The Ukrainian labor market is recovering, and competition for workers is growing. Companies posted 90,023 vacancies in May, which is 9% higher than in April, according to Work.ua analysis. The vacancy increase is observed mainly in the front-line regions and the west of Ukraine. Th... #JobInUkraine #SalaryUkraine #UkraineLaborMarket
The growing labor shortage in Ukraine has stopped the fall in wages. As of June 2023, the real wages of Ukrainians in the private sector have stopped decreasing due to increased competition for employees. According to the June Macroeconomic and Monetary Review from the... #JobInUkraine #LaborMarket #nbu #SalaryUkraine #UkraineJobmarket
Ukrainian IT specialists’ income decreased by 15%. Over the past year, 46% of IT company employees had their salaries revised, and another 15% reported reduced benefits. The DOU study notes that companies cut the most payments after the start of the f... #ITcompany #ITspecialistsUkraine #SalaryUkraine
The Ukrainian labor market has started recovering, mainly in the western regions. According to a Work.ua study, the full-scale invasion by the Russian Federation created a significant crisis in Ukraine’s labor market. Before the war, employers placed more than 100,000 vacancies on ... #JobInUkraine #SalaryUkraine #UkraineLaborMarket
The average salary in Ukraine has risen to a record level since the beginning of the year. The average nominal salary of a full-time employee in November 2021 was UAH 14,282 ($525). This is 237 hryvnias more than in October 2021, UAH 14,045 ($520). According to ukrstat.gov, wages rose by 19... #AverageSalaryUkraine #SalaryUkraine
Ukrzaliznytsia (Ukrainian Railways – UZ) to increase salaries. The salaries of railway workers will increase by 10% from December 1, 2021. The announcement was made by the Chairman of the Board, Alexander Kamyshin, who noted that this was the second increase in t... #SalaryUkraine #UkraineRailRoad #UkrainianRailways
The average salary in September 2021 in Ukraine was ₴14,239 ($540), according to the State Statistics Service. Compared to August 2021, the average wage increased by 1.7%, and for the last 12 months (relative to September 2020) by 18.7%. Real wages in September 2021 i... #AverageSalary2021 #AverageSalaryUkraine #SalaryUkraine
The average salary in Ukraine has exceeded $500. This is an absolute record for our country said Prime Minister Denys Shmyhal. “In June this year, it amounted to 14,313 hryvnias ($525), an increase over the year by almost 24%. The largest average sa... #AverageSalary2021 #AverageSalaryUkraine #SalaryUkraine
The average salary in Ukraine grew by 22%. In August 2021, the average nominal salary was UAH 13,997 ($524). This is 22.3% than that of the previous period in August 2020 (State Statistics Service) Accordingly the average nominal salary of a f... #AverageSalaryUkraine #SalaryUkraine
Construction salaries will rise by up 40% over the next two years, as builders more to lure home some of the 1 million Ukrainians working in Central Europe in construction, Kodetsky said. By increasing construction salaries by one third, builders can bring home up to... #ConstructionLaborUkraine #ConstructionSalaries #ConstructionWorkersUkraine #SalaryUkraine
The average nominal salary of Ukrainians last month was 24% higher than one year earlier, the State Statistics Service reports. This June salary — $533 a month – is 2.4 times greater than the minimum wage of UAH 6,000 [$223]. Ukraine’s yearly inflation in May was 9.5%. Partly cancell... #AverageSalaryUkraine #SalaryUkraine
Fighting a slow drain of workers to Poland and Germany , Ukrzaliznytsia is raising salaries this month by 10% for all employees earning up to $1,000 a month. #SalaryUkraine #UkrainianRailways
The average nominal salary in April 2021 was up almost 30% yoy, reaching the hryvnia equivalent of $493, reports that State Statistics Service. This is 2.3 times the minimum monthly wage of $218, a level largely used to set pensions. With Ukraine’s average salary ... #AverageSalaryUkraine #SalaryUkraine
Lviv has the highest average salary in Ukraine, the hryvnia equivalent of $1,130 a month, according to a survey of Ukraine’s largest cities by grc.ua, a personnel portal. Lviv presumably edged out Kyiv, the traditional leader, due to the high conce... #LvivSalary #SalaryUkraine
