The jobless rate in Ukraine decreased to 9.2 percent in the first quarter of 2019 from 9.7 percent in the corresponding period of the previous year. The number of unemployed fell by 67 thousand to 1,645.8 thousand and employment rose by 320.6 thousand to 16,355.5 thousand. Unemployment Rate in Ukraine averaged 8.58 percent from 2003 until 2019, reaching an all time high of 10.60 percent in the fourth quarter of 2014 and a record low of 6.30 percent in the third quarter of 2013.
Unemployment Rate in Ukraine is expected to be 8.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Ukraine to stand at 9.40 in 12 months time. In the long-term, the Ukraine Unemployment Rate is projected to trend around 7.10 percent in 2020, according to our econometric models.