Unemployment in Ukraine has increased by almost 9%

Безработица в Украине увеличилась почти на 9%

The employment rate of population aged 15-70 years in the 4th quarter of 2019 was 57.7%.

The unemployment rate in Ukraine in October-December 2019 increased to 8.7% from 7.3 percent in the third quarter of 2019, which in absolute figures is 1.6 million people.

This was reported by the State statistics service.

According to the report, the number of employed people 15-70 years in the fourth quarter of 2019 amounted to 16.5 million people.

The employment rate of population aged 15-70 years was 57.7%.

In the state statistics service noted that the data are presented excluding the temporarily occupied territory of the Autonomous Republic of Crimea, Sevastopol and temporarily occupied part of the territories in the Donetsk and Lugansk regions.

Based on different scenarios of the impact of coronavirus on global GDP growth, ILO estimates indicate a rise in global unemployment from 5.3 million to 24.7 million people from the baseline level of 188 million in 2019.