In Ukraine, a tense situation has developed on the labor market: the number of new vacancies continues to grow compared to last year, but the number of resumes does not increase, although it has stabilized. The National Bank in its macroeconomic review for October 2024, he once again noted that the acute shortage of workers forces employers to raise wages. However, given the high level of inflation, real wage growth remains moderate.
According to the Advanter survey, as of August 2024, companies in Ukraine were only 71% staffed on average. However, the situation has not improved since May. Employers include:
- 0.6% have more employees than needed;
- 24.6% are fully staffed;
- 20.7% have a full staff, but continue to search for new workers;
- 30.8% face a noticeable shortage of workers;
- 13.2% have about half of vacant seats;
- 10.1% experience a critical shortage, where up to 60% of jobs remain vacant.
According to the latest forecasts of the International Labor Organization, during the next decade, the labor force deficit in Ukraine may reach 8.6 million people. However, the Ministry of Economy expects this figure to be lower — about 4.5 million people. Currently, approximately 10.5 million people are officially employed in Ukraine.
