Real wages in Ukraine will continue to grow in 2025, but the rate of increase will be lower than last year: about 5% compared to 15% in 2024. This was reported by the National Bank of Ukraine.
The regulator notes that the labor shortage remains significant, and demand for workers in many sectors exceeds the capacity of the labor market. This creates a high level of competition among employers.
The National Bank does not predict a rapid improvement in the situation.
According to the regulator's estimates, military actions will continue to complicate the search for personnel, and after the end of the war, the need for labor to rebuild the country will grow. This means that competition for qualified specialists will remain high, and wages will continue to outpace inflation.
At the same time, it is noted that recently the number of people actively looking for work has increased, which makes it somewhat easier to fill vacancies. Companies are more actively recruiting women, students, pensioners, and veterans.
