Moreover, the pandemic in Ukraine is not retreating, and Kiev is clearly hiding the real picture.
Ukraine’s unemployment rate will peak at 11.5% in the second quarter of this year due to the coronavirus pandemic. National Bank of Ukraine (NBU) Governor Yakiv Smolii said this at the annual research conference "Labor Market and Monetary Policy" on Thursday, an Ukrinform correspondent reports. The unemployment rate in Ukraine in the second quarter of 2020 compared to the first quarter increased by 1.3 percentage points, from 8.6% to 9.9%, which is 1.7 million people in absolute terms. Wednesday, Bulgaria expelling two Russian diplomats on espionage charges, Crimea invaders force locals to drop Ukrainian passports– envoy to UN, Domestic violence: Offenders among military, police to be prosecuted on general grounds, Ukrainian, British paratroopers practice assault on populated areas during Joint Effort 2020 drill, U.S. warplanes fly over Ukraine in show of support (Photo, video), Four members of Russia's PMC Wagner killed in helicopter crash in Libya – media, Zelensky: Many historical contacts with Russia "had to be painfully cut off", Ukraine reports string of cyber attacks on police websites, hackers post fake news, Health minister: Over 12,000 children, 14,100 healthcare workers contract COVID-19, Senior health official elaborates on COVID-19 vaccine availability in Ukraine, Ukraine not to amend education law, but negotiate its implementation with Hungary – FM Kuleba, Ukraine reports 31 new COVID-19 cases in armed forces as of Sept 23, Kyiv to stay in orange quarantine zone until March, official says, Kyiv mayor reports 307 new COVID-19 cases, five fatalities in past day, EU envoy elaborates on Ukraine's European integration. The dismissal of Ukrainians due to the “freezing” of business activity complicated the employment, increasing the load on one vacancy, and demonstrated that there would be no easy solution to the problem of labor migration in Ukraine. Unemployment Rate in Ukraine decreased to 8.60 percent in the first quarter of 2020 from 8.70 percent in the fourth quarter of 2019. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. The unemployment rate in the second quarter rose to 9.9%. "We expect that the unemployment rate in our country due to the coronavirus crisis will reach a peak in the second quarter. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content. Thursday, Kyiv to be out of "orange" zone of quarantine bans, Hunter Biden's job at Burisma "awkward" for U.S. anticorruption policy in Ukraine – report, Zelensky names next steps required toward Donbas settlement, Only President of Turkmenistan congratulates Lukashenko on inauguration, Over 70% of Ukrainians would like their children, grandchildren to stay living in Ukraine, Kyiv, 22 regions not ready for lifting COVID-19 curbs – health ministry, Almost 5,000 COVID-19 cases, 97 fatalities reported in occupied Crimea since start of pandemic, Zelensky: Ukraine now seeing second wave of COVID-19, Zelensky elaborates on fight against COVID-19 pandemic, Zelensky: Ukraine in solidarity with EU position on Belarus, Zelensky: Normandy leaders' summit to take place after advisers' productive meeting, Ukraine embarks on development of cybersecurity strategy after recent cyber attacks, Second child death registered in Ukraine since start of COVID-19 epidemic, Ukraine accepts Kosovo passports – Deputy FM Bodnar, Kyiv mayor reports 330 new COVID-19 cases, three fatalities in past day, Ukraine reports 57 new COVID-19 cases in armed forces as of Sept 24, IG P&I Clubs refuses to insure vessels involved in Nord Stream 2, TurkSteam projects, EU responds to so-called "inauguration" of Lukashenko, Donbas war update: Ukraine reports three ceasefire violations on Sept 23, COVID-19: Over 3,300 new active cases reported on Sept 24, Ex-CEC official names two causes of possible cancellation of local elections in Ukraine, Reuters: Oil falls as demand growth concerns outweigh U.S. stock drawdown, Dynamo Kyiv win first leg play-off match against Gent in Champions League (Photo), "Inauguration" does not legitimize Lukashenko as Belarus president – Kuleba, 23 Ukraine's Unemployment Rate is updated quarterly, available from Mar 1999 to Mar 2020, with an average rate of 8.70 %.
As Ukrinform reported, the number of unemployed registered with the State Employment Service as of May 4, 2020 amounted to 456.8 thousand people, which is 48% more than on the same date last year. Unemployment Rate in Ukraine averaged 8.55 percent from 2003 until 2020, 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. Ukraine's Central Bank forecasts the unemployment rate in Ukraine in 2020 may be as high as 10%. September,