Unemployment in Ukraine drops to 8.3% in Q2

There were 16.5 million employed people in Ukraine in April-June 2018.

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The unemployment rate among the economically active population in Ukraine in the second quarter of 2018 (Q2) dropped to 8.3% year-over-year (y-o-y).

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"The unemployment rate among the economically active population aged 15 to 70 in Q2 2018 compared to Q2 2017 declined by 0.8 percentage points, to 8.3%," the Ukrainian news outlet zn.ua reported on September 24, referring to the Ukrainian State Statistics Service.

There were 16.5 million employed people in Ukraine in April-June 2018, while the overall number of unemployed of the corresponding age was 1.5 million people, it said.

The employment rate of the population aged 15 to 70 over the period under review grew by 0.9 percentage points, to 57.7% y-o-y, while that of the working-age population rose by 1.5 percentage points, to 66.6%.

As UNIAN reported earlier, from January 1, 2019, the minimum unemployment benefit for entitled persons depending on the length of service and salary will increase from UAH 1,440 (US$51) to UAH 1,630 ($58), while benefits for other groups of persons will grow from UAH 544 ($19) to UAH 610 ($22).

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