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|
|Source: State Statistics Service|
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