Russia’s war against Ukraine has left many healthy Ukrainians out of work. But there is good news: things are slowly picking up, the number of vacancies on construction sites is starting to increase.
The Ukrainian labor market is slowly recovering from the crisis that broke out right after the Russian invasion of our country. Thus, as of March 2023, the labor market recovered by 66% compared to before February 24, 2022. At the same time, Maxim Pilipenko, representative of a large personnel portal, told Channel 24 that the average salary in February 2023 increased for the first time (from 15,000 UAH to 16,000 UAH).
He also noted that the number of vacancies increased, albeit slowly. The first record for an increase in open positions was recorded in January 2023 and growth has continued since then.
“There are more jobs, there is less and less competition among job seekers, and there is an opportunity to get a job and get a job,” said Maxim Pilipenko.
As for salaries, according to the expert, since the beginning of the war and only in 2022, the average level of pay did not fall below 15 thousand hryvnia per month, and in February 2023 the first shift took place: the average salary level rose to 16 thousand hryvnia.
“The situation in the market has stabilized, businesses have adapted. The same goes for applicants and employees. Everyone expected this wage increase and now it has happened. We see what’s happening to prices and employers as well. Understand that and therefore revise salaries,” he said.
Pilipenko added that the number of vacancies in February last year was around 100,000, but after the invasion, the figure for Ukraine dropped sharply to 6,000, or 15 times. Over time, a gradual recovery started and the number of open places reached 66,000.
How will Ukrainians be paid in the next three years?
The NBU believes that in the next three years the salaries of Ukrainians will actively increase in nominal terms. This will be facilitated by increased spending in the military and security sectors, as well as the adaptation of the economy to work in war conditions.
“However, over the entire forecast horizon, real wages will rise slowly due to significant inflation,” the Central Bank said.
How the salaries of Ukrainians will change in the next three years:
- in 2023 – nominal salary + 26.1% and real + 3.3%;
- in 2024 – nominal +20.0%, real +6.5%;
- In 2025 – nominal +17.6%, real +4.3%.
Previously Focus He spoke in detail about who will be in demand in the labor market in 2023 and which specialists will receive a raise in their salaries. Therefore, Maxim Rozgon, managing partner of the consulting company Osoba, suggests that the increase in wages will take place primarily in areas related to the restoration of the country.
More sealHe wrote about how the cost of living has risen in Ukraine in 2022 and which goods and services prices have risen the most.
Source: Focus
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