Ukraine Unemployment Rate - Forecast

Unemployment Rate in Ukraine is expected to be 9.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Ukraine to stand at 8.70 in 12 months time. In the long-term, the Ukraine Unemployment Rate is projected to trend around 8.20 percent in 2020, according to our econometric models.


Forecast Data Chart
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Ukraine Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 8.3 9.4 8.4 8.5 8.7 8.2
Unemployed Persons 293 365 314 309 307 370
Wages 8977 9000 8000 9166 9163 10000
Wage Growth 26.19 13 25.57 25.54 25.53 6
Population 42.41 42.02 41.93 41.85 41.76 38.37
Retirement Age Women 58.5 58.5 59 58.5 58.5 59.5
Retirement Age Men 60 60 60 60 60 60
Labor Force Participation Rate 62.9 62.6 63.03 63.06 62.8 63.5
Living Wage Family 6440 7000 8000 6012 5970 8000
Living Wage Individual 4840 4562 4526 4490 4453 4301
Minimum Wages 3723 3723 4400 3266 3088 5100
Wages High Skilled 5170 5250 5250 4398 4330 5300
Wages Low Skilled 3230 3592 3400 2743 2707 3700
Employed Persons 15836 15963 15805 15768 16277 17084
Employment Rate 66.6 65.72 65.8 66.87 66.88 66.41