Ukraine observes increase in number of unemployed

Source : 112 Ukraine

As of now, 450,000 Ukrainians are looking for a job
13:20, 30 December 2020

The Huffington Post

In Ukraine, the number of unemployed shows an overall increase. Currently, 450,000 Ukrainians have no job. This was reported by TSN.

At the same time, the total temporary unemployment benefit paid in 2020 amounted to almost 16 billion hryvnias (569 million dollars). From January 1, 2021, the minimum wage will increase by one thousand hryvnias (35,6 dollars) - from 5,000 hryvnias (178 dollars) to 6,000 hryvnias (213,5 dollars).

On December 1, Ukraine increased the maximum amount of unemployment benefits. It should be noted that the amount of benefits is determined for each unemployed person individually. It depends on a person's salary and insurance record.

Related: Unemployment level in Ukraine might increase by 10%

As we reported earlier, according to Dafina Gercheva, Resident Representative of the United Nations Development Program (UNDP) in Ukraine, more than 10% of small and medium-sized enterprises are already on the verge of bankruptcy and will soon go out of business.

Based on the UNDP assessment of the socio-economic impact of the Covid-19 coronavirus infection, more than nine million people will be in financial distress by the end of this year.

Related: Unemployed Ukrainians to receive one-time benefit to start businesses

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