Page 23 - UKRRptOct19

4.4 ​Labour and income
4.4.1​ Labour market, unemployment dynamics
Source: ICU
Unemployment rate (%)
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 EFF
6.4 6.4 8.8 8.1 7.9 7.5 7.2 9.3 9.1 9.3 9.4 9.3 8.8
With new investment and liberalized labour laws, the new government plans to create 1mn legal jobs and to cut the unemployment rate to 5% ​-- in line with Poland, Romania and Moldova. Due to a combination of economic growth and labour migration, Ukraine’s unemployment, as measured by the State Statistics Service, has fallen from 9.9% in 2017, to 8.8% in 2018, to 7.8% in the second quarter of this year.
23​ UKRAINE Country Report​ October 2019 ​ ​www.intellinews.com