In May 2025, the Ukrainian labor market is experiencing increased activity: both the number of new vacancies and the number of resumes have significantly risen. According to the National Bank of Ukraine, over the year, the number of vacancies has increased by 7%, while resumes have surged by 36%. This indicates a revival in job searching among Ukrainians, while the demand for workers from businesses remains high.
This is reported by Business • Media
“The rapid growth of resumes has somewhat alleviated the problem of labor shortages, although it remains significant and continues to restrict business operations,” the NBU notes.
Salaries Are Rising, but Real Incomes Remain Under Pressure from Inflation
The level of salaries in the labor market continues to rise; however, due to high inflation, the increase in real incomes is occurring more slowly. Experts note that currently, employees’ salary expectations almost fully align with employers’ offers. This has led to a certain balance between demand and supply for jobs, but it limits the potential for further significant salary growth in the future.
Businesses Attract Candidates with Non-Monetary Incentives
In response to increased competition for talent, companies are increasingly employing alternative methods of employee motivation. Among these are housing offers, the possibility of working flexible hours or remotely. Such non-monetary incentives are becoming more common in the labor market, as they allow for the attraction of qualified specialists even with a limited budget for salary increases.