The unemployment rate in Ukraine declined by 0.1pps to 2% in March, State Statistics Service has announced. As of April 1, the State Employment Service registered 571,600 unemployed people, whereas a month ago their number was 589,100. In March, 450,300 unemployed people were receiving government aid, the average unemployment compensation was UAH 1,194 per head that month. The highest number of those unemployed is among women - 301,500, compared to 270,100 unemployed men. There were 325,400 jobless in towns and cities and 246,200 in villages.
The international labor organization states that the real figures are at least three times as high as the official ones. We believe that the main reason behind the understated statistics, is large shadow economy that exists in the country.
Related Articles
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
Piraeus Bank joins Ukraine’s state-guaranteed loan programme for entrepreneurs
Piraeus Bank has joined a government-backed initiative to support Ukrainian entrepreneurs through state portfolio guarantees, reported Ukraine Business News. The Cabinet of ... more