Business news from Ukraine

FIRST SINCE 2013 UKRAINE HAS GROWTH IN EMPLOYMENT

Acting Head of the State Employment Service of Ukraine Valeriy Yaroshenko has said that the amount of employed population in Ukraine grew by 0.9% year-over-year.
“We are witnessing that the labor market is actually demonstrating some kind of stabilization for the first half of 2018. The growth in the employment of the population for us, according to the state statistics, occurred for the first time since 2013,” he told a news conference in. According to Yaroshenko, in comparison with the corresponding period of the previous year the number of employed population in Ukraine increased by 149,000 people (by 0.9%), and the unemployment rate is 9.7%.
At the same time, he said that 21.8% of Ukrainians work in the shadows, while last year there were 22.3% of them.
“We have 304,000 people registered with the State Employment Service today,” Yaroshenko said.
According to him, 47% of them have higher education, and in the cities of Kyiv, Odesa, Kharkiv, Sumy and Lviv in employment centers from 85% to 90% of the unemployed people have higher education.
“As of July 27, compared with the same date in 2017, the number of unemployment assistance recipients in the country is 23,000, which is 8% less than it was in 2017,” he said.
In addition, he said that the average amount of assistance payments is growing in the country. Thus, minimum assistance under the law is UAH 544 per month, and 25% of the unemployed receive it, and the maximum is UAH 7,048, and 5% unemployed (last year 3%) receive it.
“The number of vacancies has significantly increased over the past year, we now have about 130,000 vacancies in the database,” the head of the State Employment Service said.
At the same time, he pointed out the existence of a large imbalance in the labor market between the vacancies offered and the demand of applicants.
Yaroshenko said that at the moment the employment market in Ukraine most in need of locksmiths, electric welders, turners, bakers, drivers, salesmen, cooks, waiters, nurses, tractor drivers and agricultural machinery servicemen.
“We for half a year were able to retrain and raise the qualification of 88,000 unemployed,” Yaroshenko said.

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