Colossal imbalance: In Ukraine, the number of job seekers is growing three times faster than the number of vacancies.

According to the NBU, in November the growth in the number of submitted resumes (labor supply) was on average 27% year-over-year, while the growth in the number of vacancies (demand) was much slower – 9% year-over-year. Although the number of job seekers is increasing, Ukraine’s labor shortage has remained the top problem for surveyed enterprises since November 2024. However, throughout 2025 this indicator, although consistently high, has gradually decreased.

The NBU also highlighted another issue in the labor market. Specifically, citing data from the International Organization for Migration (IOM), the regulator reported that the unemployment rate among internally displaced persons (IDPs) in Ukraine is 17%, which is almost twice as high as among citizens who have returned to Ukraine after leaving (9%), or who did not leave their place of permanent residence (10%). According to IOM estimates, the number of IDPs reached 3.7 million as of September 2025. Consequently, the higher unemployment rate among this group significantly impacts the country’s overall unemployment rate.

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