In 2024, Ukrainian large businesses with revenues exceeding 1 billion hryvnias increased their workforce by over 22,000, which is a significant indicator of labor market development in the country. According to a study published at the “NadLudy” forum, approximately 1.6 million employees are currently working in such enterprises.
This is reported by Business • Media
Sectors with the Highest Job Growth and Employment Features
The number of jobs is growing most actively in the fields of trade, information technology, food industry, machine engineering, pharmaceutical production, and construction. One of the factors contributing to this growth is the change in the forms of cooperation between employers and employees, particularly the shift of IT specialists to gig contracts.
“Part of the new employment is due to the transition of IT specialists to short-term contracts, which allows companies to respond more flexibly to market changes,” the study notes.
Additionally, in 2024, Ukrainian companies significantly increased the wage levels of their employees: the average salary growth was 23%. Experts note that companies offering strong non-material benefits—career development, a comfortable atmosphere, stability—are able to retain employees even without significant salary increases.
Demographic Changes and Aging Workforce
According to the study, there is a process of workforce aging occurring in Ukraine. Each year, the average age of employees increases by 4–5 months, currently standing at about 37 years and 7 months. Compared to 2024, when the average age was 37 years and 3 months, and 2023, when it was 36 years and 10 months.