In September, official unemployment rate in Ukraine declined by 0.1pps to 1.5%, the State Statistics Service has announced. As of October 1, the State Employment Service registered 422,100 unemployed people. The number of unemployed people, which obtained the state aid in September, made up 326,900 people, and the average size of the fee per unemployed that month made up UAH 1,108.
The international labor organization states that the real figures are at least three times as high as the official ones. The IMF estimates unemployment rate stood at 8.0% as of Dec 31, 2012, and expects it to go up to 8.2% by the end of 2013. We believe that the main reason behind the understated statistics, is large shadow economy that exists in the country.
| Number of registered unemployed, at the end of reference period | Average unemployment benefit for month, UAH | |||
| thsd. person | percent of the total population in working age | |||
| Total | of which, those who receive unemployment benefit | |||
| January 2012 | 520.9 | 398.4 | 1.9 | 917 |
| December 2012 | 506.8 | 386.3 | 1.8 | 1,028 |
| January 2013 | 564.5 | 435.8 | 2.0 | 1,089 |
| February 2013 | 589.1 | 469.1 | 2.1 | 1,069 |
| March 2013 | 571.6 | 450.3 | 2.0 | 1,194 |
| April 2013 | 534.7 | 408.5 | 1.9 | 1,116 |
| May 2013 | 501.0 | 384.3 | 1.8 | 1,119 |
| June 2013 | 465.3 | 360.3 | 1.7 | 1,087 |
| July 2013 | 451.5 | 353.5 | 1.6 | 1,133 |
| August 2013 | 435.4 | 339.4 | 1.6 | 1,136 |
| September 2013 | 422.1 | 326.9 | 1.5 | 1,108 |
| Source: State Statistics Service | ||||
Related Articles
Fitch affirms ratings of major Ukrainian state banks at CCC amid high default risks
Fitch Ratings has affirmed the long-term issuer default ratings (IDRs) of three major Ukrainian state-owned banks — Oschadbank, Ukreximbank and Sense Bank — keeping their foreign currency ratings ... more
Ukraine’s Oschadbank Q3 profit up 39%, as PrivatBank shelves EU expansion plans
Ukraine’s state-owned Oschadbank reported a 38.6% year-on-year rise in net profit for the third quarter of 2025, reaching UAH 4.19bn ($104mn), driven by higher interest and commission income ... more
Ukrainian GDP warrants rise to eight-month high amid restructuring rumours
Ukrainian GDP-linked warrants have surged to their highest level since February amid renewed speculation that Kyiv may resume talks with creditors on restructuring, according to investment firm ICU, ... more