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There is a labor shortage in Ukraine

Photo: novarobota.ua

The National Bank of Ukraine indicates limited labor supply through migration and mobilization.

In Ukraine, there is a trend towards decreasing labor supply, mainly due to migration and mobilization, while the demand for workers is growing. This was discussed in the NBU macroeconomic and monetary review for October 2023, writes Espresso.

“The number of vacancies has continued to grow due to both seasonality and economic recovery,” the document said.

And the number of resumes, according to the NBU, is decreasing. The regulator named the gradual resumption of work by Ukrainians as one of the possible reasons for this. N

BU refers to the results of the Rating survey, according to which among the people who had a job before the full-scale invasion, the share of unemployed people dropped to 25%.

In addition, the NBU refers to the limited supply of labor due to migration and mobilization.

We remind you that scammers deceived hundreds of Ukrainians by promising jobs in Europe.

Unemployment in Ukraine, despite the war, has fallen to a historic low

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Source: korrespondent

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