In the Ukrainian labor market in October 2025, there has been an improvement compared to last year. The number of people seeking jobs has increased, and businesses have found it somewhat easier to find new employees.
This is reported by Finway
Attracting New Categories of Workers
Companies are increasingly engaging various demographic groups in the workforce, including women, students, retirees, and veterans. These changes contribute to expanding the talent pool and allow businesses to better adapt to the challenging conditions of wartime.
Labor Shortages and Competition Persist
Despite positive shifts, the labor market remains tense. Businesses continue to experience a shortage of workers, and some vacancies remain unfilled. High competition for skilled labor persists.
“The lack of workers is felt; businesses need more staff and do not always ‘fill’ all vacancies,” noted the National Bank of Ukraine.
In such conditions, employers are forced to offer better terms and adapt processes to meet market demands.
Regarding salaries, in 2025 they continue to grow in real terms, although the pace of this growth has slowed. Last year, real earnings increased by more than 15%, while this year the growth is about 5%.
The National Bank of Ukraine does not foresee a quick improvement in the labor market situation in the near future. The war significantly complicates the search for and recruitment of personnel. However, after the end of hostilities, a significant demand for labor is expected for the country’s reconstruction, which will maintain high competition among employers. Salaries are projected to continue rising, outpacing inflation.