Business news from Ukraine

Business news from Ukraine

NUMBER OF UNEMPLOYED IN UKRAINE AND JOB OPPORTUNITIES, FEB 20 – MAY 21

number of unemployed in ukraine and job opportunities, Feb 20 – may 21

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NATIONAL BANK OF UKRAINE IMPROVES FORECAST FOR UNEMPLOYMENT GROWTH IN 2021 FROM 10% TO 9.1%

The National Bank of Ukraine (NBU) in the first quarter has improved its forecast for growth in the unemployment rate this year to 9.1% compared to 10% in the January forecast, according to the central bank’s inflation report posted on its website on Thursday evening.

“This year, unemployment will decrease and on average per year it will be 9.1%. On the one hand, the recovery in economic activity will help normalize the indicator, on the other hand, the decline will be hampered by a significant increase in business costs for wages,” the NBU said in the report.

According to the National Bank, in 2022 the unemployment rate will drop to 8.5% and will remain at this level until the end of 2023.

The regulator expects that in 2021, nominal wages will grow by 17.8%, in 2022 – by 9.7%, and real wages next year will rise by 8.6%, in 2022 – by 3.9%.

SIX UNEMPLOYED APPLY FOR ONE VACANT JOB IN UKRAINE

Director of the State Employment Center Yulia Zhovtiak reported that six unemployed apply for one vacant job in Ukraine.
“As of April 7, 2021, the number of unemployed registered in the State Employment Service was 429,000 people […] As of April 1, the number of current vacancies in our database was 77,000. Thus, the imbalance between the demand and supply of labor remains significant. On average, six unemployed people apply for one vacant job in Ukraine (as of April 1, 2020 – five people),” Zhovtiak said in an interview with Fakty.
She reported that, according to the statistics of the employment service, the biggest discrepancy between the demand for labor and its supply in terms of professional qualifications was observed among employees and managers – 17 people applied for one vacancy, among technical employees there were nine applicants, as well as among trade and service workers.
She said that the areas of hotel and restaurant business, food and entertainment are most affected by the quarantine. In this connection, waiters, bartenders, cooks, baristas and maids face difficulties in finding a job.

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NUMBER OF UNEMPLOYED IN UKRAINE AND JOB OPPORTUNITIES, FEB 20 – FEB 21.

Number of unemployed in ukraine and job opportunities, Feb 20 – Feb 21.

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INFRASTRUCTURE PROBLEMS, TARIFFS, UNEMPLOYMENT MOST OF ALL RAISE CONCERN AMONG UKRAINIANS – OPINION POLL

The vast majority of Ukrainian citizens are concerned about infrastructure problems in their cities and villages, unemployment, housing and utility tariffs, as well as mass renaming of cities, villages and streets. Meanwhile, the issues of security and fight against corruption, which are being promoted by politicians, raise concern among fewer citizens.
This is shown by the results of a joint sociological survey, which was conducted by Active Group and the Expert Club and presented at a press conference hosted by the Interfax-Ukraine News Agency.
According to the survey, which was performed on July 10-12 via a phone interview, more than a half of citizens are concerned about quality of roads (54%), condition of public places (44.7%), condition of the infrastructure inside buildings (43.5%), unemployment (34.2%) and housing and utility tariffs (31.1%).
Almost a third of Ukrainian citizens (29.2%) are unhappy with mass renaming of streets, villages and cities all over the country.
Some 26.7% respondents are concerned about the lack of parking lots.
At the same time, the issues of security and corruption worry not more than one tenth of the population (10.6% and 8.7% respondents, respectively), while rural residents are not concerned about security and corruption at all.
While commenting on the results of the survey of Active Group and the Expert Club, co-founder of the Expert Club Danylo Bohatyriov said that he was not surprised by the fact that the population is concerned about infrastructure-related problems in the first place. It is a predictable response of people to broken roads and rotten communications. He added that while the authorities are at least trying to repair roads, the infrastructure of buildings lacks their attention even despite the fact that the housing and utility tariffs jumped by twelve times over the recent six years.
“The lack of jobs and the cost of utility services raise concern among almost equal number of respondents. And this is quite clear as the second problem originates from the first one. If they don’t have jobs, they are unable to pay for utility services. It also appeared that the issue of renaming streets and other objects is a matter of concern for 30% of respondents. Earlier, experts used to underestimate the level of concern with the issue among the population and disregard it,” the expert said.
Bohatyriov explained the loss of interest to the problem of corruption among the population by citizens’ exhaustion and disappointment.
“There has been a lot of reports on fight against corruption, but the key corrupt officials are still not imprisoned, and the hysterical background created around the issue especially during Poroshenko’s tenure simply made a significant number of our compatriots tired. Therefore, we recommend the political forces to stop exploiting this rotten topic and in fact take care of the infrastructure issues, creation of new jobs, revision of utility tariffs and stop this foolish campaign of renaming everything,” the expert said.
Additional information about the survey is available on the website of Active Group and on the Expert Club YouTube channel:

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