Business news from Ukraine

RECRUITMENT PORTAL GRC.UA SHOWS INCREASE IN NUMBER OF RESUMES BY 69%

Over the past week, there has been an increase in the number of new resumes posted on the website of the grc.ua recruitment portal by 69% and by 30% in the number of reviews for vacancies compared to the previous week, according to a press release from the portal.

“The labor market has recovered from a complete freeze and exists in the conditions of war. Ukrainians left without work as a result of the cessation of the functioning of their companies or due to moving to another region feel the need for a new job,” the report says.

At the same time, there are few vacancies that have opened since the start of the war, but they do exist. Most job offers are in retail trade. In order to provide the population with food and basic necessities, retailers are trying to keep their stores open. Salesmen and cashiers were also in demand specialists in peacetime. Now there are more job offers in retail trade than in other professional areas – 42% of all current vacancies in Ukraine.

Specialists in the field of transportation, logistics, warehouses and foreign economic activity (8% of all current vacancies) are in demand. There are not as many job offers in the field of information technology as in peacetime – only 7% of all relevant ones. There are also jobs in companies in the sectors of oil and gas (6%), business services (6%) and metallurgy and metalworking (5%).

The top ten industries with slightly more jobs than others also include extractive industry (4.3% of all vacancies), agriculture (4.1%), financial sector (3.4%), medicine pharmaceuticals, pharmacies (2.6%) and food (2.5%).

At the beginning of the war, many of the vacancies from the opening companies were on a volunteer basis. However, Ukrainians need not only work, but also wages.

If we analyze all the vacancies open today, then the average salary in them is UAH 26,900. The largest number of job offers (40%) with a salary of UAH 16,600, another quarter (26%) of vacancies indicated a salary of UAH 26,300. Almost a sixth of vacancies offer UAH 35,900 of monthly compensation. In 12% of the vacancy, the salary is from UAH 45,600. The highest salary from UAH 55,300 is offered in 6% of vacancies.

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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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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