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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
Almost 900,000 Ukrainians work full time in Poland, Jacek Kot?owski, deputy director of Economic Analysis at the National Bank of Poland, tells reporters in Warsaw. Referring to a labour shortage caused by Poland’s aging population and shrinking local workforce, he said: “Tensions in the labour market are significantly reduced due to an influx of immigrants.”
Of the 526,900 Ukrainians who received their first residence permit in the EU last year, 78.5% were living in Poland, reports Eurostat. Ukraine was by far the top nationality, nearly equal to the sum of the next three countries – China, India, and Syria. For Ukrainians, the top three destinations were: Poland – 413,449; Czech Republic – 26,979; and Hungary – 21,793. Of the top 10 nationalities, Ukrainians and Americans were the most likely to move to the EU to work – 65% for Ukrainians and 37% for Americans.
Ukrainian workers contributed 11% to Polish GDP growth from 2014 to 2018, according to a new study by the National Bank of Poland, reports PAP news agency. During the peak years, 2016 and 2017, Ukrainian labour was responsible for .7 percentage points of Poland’s annual GDP growth. The
25 UKRAINE Country Report December 201 www.intellinews.com