In II quarter real unemployment rate in Ukraine decreased from 9,5% to 9,1% of the economically active population. The decline in unemployment due to seasonal employment, adaptation of business to the crisis and actively seeking work retirees, experts say. Meanwhile, the EU, where the rules of labor law more stringent, the reverse situation - despite the support of the economy, unemployment rose to 8.8%.
Real unemployment in Ukraine, calculated by the method of the International Labor Organization, in II quarter of this year decreased by 0.4 percentage points (pp), up 9.1%, said yesterday Goskomstat. The level of employment increased for the three months to 171,7 thousand - up to 20.18 million people. Half of the employed - 86.5 thousand - took place at the unemployed, whose number in the country declined to 2.01 million people.
These are all Ukrainian citizens aged 15-70 years who are unemployed and actively looking for it and ready to start within the next two weeks, or enrolled in the direction of State Service employment, or awaiting a decision of the employer for a job. The increase in the number of vacancies - a seasonal phenomenon. As a rule, appear in the spring of vacancies in agriculture and services sector, - said the expert Bureau of Economic and Social Research BEST Elena Osinkina.
However, this year on the labor market, there were visible changes. Against the backdrop of employment growth and lower unemployment rates indicate an increase in the number of economically active population - by 85.2 thousand people in a population of Ukraine for the period continued to decrease (from April to June - a 51 thousand). New images appeared on the market at the expense of people over working age - an increase of 64,2 thousand This means that under current conditions pensioners are forced to seek work, - says Osinkina. As a result, the unemployment rate for pensioners has fallen to 0,1%, while the employment rate even exceeded pre-crisis.
employment situation has deteriorated only in comparison with I half of 2008. During the year of the crisis the number of unemployed increased by 609.2 thousand, and the unemployment rate increased from 6,2% to 9,1%. The number of inactive population (pensioners, students, working in the private sector, desperate to find work) decreased by 110,8 thousand - up to 12.79 million people.
Unemployment in Ukraine in the II quarter decreased on a background of growth in EU countries. If the I quarter of unemployment in the EU amounted to 8.5% (1 percentage point less than in Ukraine), then up I half it rose to 8.8%, and the gap had narrowed to 0.3 percentage points Chances to find employment in Ukraine are the same as in Portugal (9.1%), but more than in France (9.2%) and Greece (9.4%). The most difficult situation in Spain (17,7%), Latvia (15,3%), Lithuania (13,1%), Estonia (12,5%), Slovakia (11.2%), Ireland (11%) and Hungary (10%). The best way to work in the Netherlands (3.3%).
According to the analyst IR Dragon Capital Elena Belan, an increase in unemployment in the EU countries which are less affected by the crisis in Ukraine, due to the more complicated procedure of dismissal. The plans to reduce staff now say leading European corporations. We can therefore expect that unemployment in Europe will grow, - says the analyst. And in Ukraine, according to Belan, after the massive downsizing in late 2008-early 2009, the company has adapted to the crisis. According to the results of III quarter unemployment rate may be slightly reduced, and by the end of the year - back to the current level, - the expert believes.
Phase active mitigation DCT completed, and now the regulator can assess the market impact of the aggressive rate reductions in a short periodThe decision of Bank of Russia from September 30 to reduce the refinancing rate has no effect on Russia's currency and stock marketsTechnical Analysis for 29/09/2009Euro /dollar continues to show high volatilityAt the beginning of the week for the market for basic industrial metals has not changedCustoms Service: Ukraine increased consumer importsBad habits go into the shadeWB: The owners of 5 of 144 medium and small banks in Ukraine refused to confirm plans for their capitalizationAnalytics - the outcome of the day
Energy, World Stock Market, Currency, Weather …
Ukrainians involved in the work
In II quarter real unemployment rate in Ukraine decreased from 9,5% to 9,1% of the economically active population. The decline in unemployment due to seasonal employment, adaptation of business to the crisis and actively seeking work retirees, experts say. Meanwhile, the EU, where the rules of labor law more stringent, the reverse situation - despite the support of the economy, unemployment rose to 8.8%.
Real unemployment in Ukraine, calculated by the method of the International Labor Organization, in II quarter of this year decreased by 0.4 percentage points (pp), up 9.1%, said yesterday Goskomstat. The level of employment increased for the three months to 171,7 thousand - up to 20.18 million people. Half of the employed - 86.5 thousand - took place at the unemployed, whose number in the country declined to 2.01 million people.
These are all Ukrainian citizens aged 15-70 years who are unemployed and actively looking for it and ready to start within the next two weeks, or enrolled in the direction of State Service employment, or awaiting a decision of the employer for a job. The increase in the number of vacancies - a seasonal phenomenon. As a rule, appear in the spring of vacancies in agriculture and services sector, - said the expert Bureau of Economic and Social Research BEST Elena Osinkina.
However, this year on the labor market, there were visible changes. Against the backdrop of employment growth and lower unemployment rates indicate an increase in the number of economically active population - by 85.2 thousand people in a population of Ukraine for the period continued to decrease (from April to June - a 51 thousand). New images appeared on the market at the expense of people over working age - an increase of 64,2 thousand This means that under current conditions pensioners are forced to seek work, - says Osinkina. As a result, the unemployment rate for pensioners has fallen to 0,1%, while the employment rate even exceeded pre-crisis.
employment situation has deteriorated only in comparison with I half of 2008. During the year of the crisis the number of unemployed increased by 609.2 thousand, and the unemployment rate increased from 6,2% to 9,1%. The number of inactive population (pensioners, students, working in the private sector, desperate to find work) decreased by 110,8 thousand - up to 12.79 million people.
Unemployment in Ukraine in the II quarter decreased on a background of growth in EU countries. If the I quarter of unemployment in the EU amounted to 8.5% (1 percentage point less than in Ukraine), then up I half it rose to 8.8%, and the gap had narrowed to 0.3 percentage points Chances to find employment in Ukraine are the same as in Portugal (9.1%), but more than in France (9.2%) and Greece (9.4%). The most difficult situation in Spain (17,7%), Latvia (15,3%), Lithuania (13,1%), Estonia (12,5%), Slovakia (11.2%), Ireland (11%) and Hungary (10%). The best way to work in the Netherlands (3.3%).
According to the analyst IR Dragon Capital Elena Belan, an increase in unemployment in the EU countries which are less affected by the crisis in Ukraine, due to the more complicated procedure of dismissal. The plans to reduce staff now say leading European corporations. We can therefore expect that unemployment in Europe will grow, - says the analyst. And in Ukraine, according to Belan, after the massive downsizing in late 2008-early 2009, the company has adapted to the crisis. According to the results of III quarter unemployment rate may be slightly reduced, and by the end of the year - back to the current level, - the expert believes.
Phase active mitigation DCT completed, and now the regulator can assess the market impact of the aggressive rate reductions in a short period
The decision of Bank of Russia from September 30 to reduce the refinancing rate has no effect on Russia's currency and stock markets
Technical Analysis for 29/09/2009
Euro /dollar continues to show high volatility
At the beginning of the week for the market for basic industrial metals has not changed
Customs Service: Ukraine increased consumer imports
Bad habits go into the shade
WB: The owners of 5 of 144 medium and small banks in Ukraine refused to confirm plans for their capitalization
Analytics - the outcome of the day
Energy, World Stock Market, Currency, Weather …