In its new video, the Expert Club YouTube channel reviewed the macroeconomic situation in Ukraine in the 6th month of the war, and also analyzed the July IMF report on the global economic outlook in 2022 and 2023.
As we wrote earlier, the state authorities of Ukraine have temporarily suspended the publication of most statistical information for the period of martial law and for three months from the moment it ends. The exception is the publication of data on the consumer price index, separate information on indicators of foreign trade in goods, etc.
Thus, from the data published by the State Employment Center, it follows that the number of registered unemployed in Ukraine is approximately at the level of last year, while the number of available vacancies has sharply decreased.
This, according to the founder of the Club of Experts Maksim Urakin, has led to the fact that now about 12-13 unemployed people apply for one vacancy.
“The estimate of the unemployment rate by the National Bank in the second quarter of 2022 is 35% according to the methodology of the International Labor Organization,” Maksim Urakin added.
In addition, according to Urakin, the current forecast for Ukraine’s GDP growth in 2023-2024, published by the National Bank, is based primarily on expectations of an increase in international support for Ukraine and the implementation of programs to restore war-damaged infrastructure.
On the situation in the global economy, the Club of Experts analyzed the report of the International Monetary Fund, published in July. In particular, there is a possible recession in the US economy. a slowdown in GDP growth in China and India, as well as a deterioration in the situation in the euro area, provoked by rising energy prices.
See this and much more in a new video on the YouTube channel “Experts Club” at the link:
CLUB OF EXPERTS, ECONOMIC_UKRAINE, MACROECONOMICS, STATISTICS, URAKIN, ВІДЕО
