In May 2025, the situation in the Ukrainian labor market was marked by a simultaneous increase in the number of new vacancies and resumes from job seekers. According to the National Bank of Ukraine, the number of vacancies increased by 7% compared to the same period last year, while the number of resumes grew by 36%. This indicates an activation of job seekers and stable demand from employers.
This is reported by Finway
Increase in Resumes Helped Alleviate the Labor Shortage
“The rapid growth of resumes has somewhat mitigated the problem of labor shortages, although it remains significant and continues to limit business operations,” the NBU notes.
Despite the increase in the number of candidates, the issue of labor shortages remains relevant for many companies and significantly affects their operations. The trend of rising salaries persists; however, due to high inflation, the increase in real earnings is occurring more slowly.
Employers Are Implementing New Approaches to Attract Employees
In 2025, there is a convergence of salary expectations among job seekers with the offers from employers, which limits the further potential for significant salary increases. The National Bank points out that this may affect market dynamics in the future.
At the same time, companies are increasingly using non-monetary incentives to attract personnel: offering employees housing, flexible schedules, remote work options, and additional social benefits. These methods are becoming important competitive advantages in the context of limited opportunities for significant salary increases.