According to a survey by the National Bank of Ukraine, no significant changes in the employment level are expected in the country’s labor market in the near future. No significant increase in the number of vacancies or large-scale reductions are expected in the main sectors of the economy, however, some companies plan to review the number of personnel. Moreover, these intentions are mostly negative, since in all key industries, employee dismissals will occur more often than new employees are hired. AgroReview reports on this.
“In general, the employment assessment situation has improved somewhat,” the National Bank noted.
Distribution of employment and layoff plans in different sectors
Among service enterprises, about 78% plan to maintain the current staff, while only 8% are going to hire new employees. At the same time, 14% of companies intend to lay off employees, which is almost twice as many as those planning to expand their staff.
In the industrial sector, the situation is similar: 79% of enterprises will leave the number of employees unchanged, 10% plan to hire new ones, and 11% will lay off employees. This is only slightly higher than the number of companies planning to increase their staff.
As for the trade sector, 86% of enterprises intend to maintain the current level of employees, 6% will hire new ones, and 8% will lay off employees. This indicates a weak level of reductions in this sector.
Peculiarities of the construction sector
At the same time, the construction sector is the only one where more companies plan to hire new employees than lay off employees — 19% versus 7%. In the majority of enterprises — 74% — will keep the current staff unchanged.
Thus, the situation on the labor market in Ukraine remains tense, with a tendency towards layoffs in most industries, but with a positive shift in the construction sector, where the number of vacancies is increasing.
