Ukraine: unemployment up in May 2020

State Employment Service said the number of unemployed in Ukraine grew by 64% YoY as of May 20, to 501,000 people. At the same time, the number of vacancies is 51,000. This is almost 55% fewer than last year, the report said. The average wage for existing vacancies is UAH 7,000 ($262). Today there is…

Ukraine: economic cooperation discussed with Poland

The directors of departments of the economy ministries of Ukraine and Poland, Oleksiy Rozhkov and Jan Pawelec, discussed the dynamics of bilateral economic cooperation in the first quarter during a videoconference, Ukraine’s Embassy in Poland reported on Facebook. “The directors of departments of the economy ministries of Ukraine and Poland, Oleksiy Rozhkov and Jan Pawelec,…

Ukraine: poverty to grow in 2020

Ukraine’s Social Policy Ministry predicts poverty in Ukraine will have grown to 45% by late 2020, up by 6.5% YoY. According to M.V. Ptukha Institute for Demography and Social Studies of the National Academy of Sciences of Ukraine, poverty in 2019 was 38.5%, down by 4.7%. “Thus, media reports about a “sharp increase in poverty…