The business met with the management of the Odesa Regional Employment Center
The war had a significant impact on the labor market in Ukraine, as millions of Ukrainian women went abroad, and tens of thousands of Ukrainian men joined the Armed Forces. We should note that our country has significant assets and potential for further sustainable development. Therefore, the task is to use all available political tools, to carry out significant institutional transformations in the socio-economic sphere to develop and use this potential for the benefit of Ukrainian society. In addition, after the victory, Ukraine has another huge challenge – to restore economy and reintegrate internally displaced persons. The development of support and adaptation programs should be an important tool here.
Therefore, in order to better investigate the current situation on the local market, EBA Southern Ukrainian Office organized online meeting with representatives of the State Employment Service in the Odesa region on 18/10/23. Invited speakers were: acting director of the Odesa branch of the Odesa Regional Employment Center Tetiana Kanava and the head employment policy implementation department head of the Odesa Regional Employment Center Olena Lazurko. During the event we have been spoken about general overview of the labor market as of the 4th quarter of 2023, its deformations, problems, and trends were presented; services for IDPs from the employment service, support mechanisms for employers for the employment of IDPs; employment of persons with disabilities with the support of active employment programs. And they also considered the grant programs supported by the State Employment Service. More details at the link.
Also, important to note that the European Business Association recently conducted a study of the Ukrainian labor market for the period January – August 2023. Respondents noted that in 2023 the following major changes took place in their companies: 76% of respondents reported an increase in wages; 51% of respondents reported an increase in functionality and the hiring of new employees. Among other positive aspects, it was noted that some companies continue to pay the taxes of employees living abroad and opened international health insurance programs for employees. There are also companies that compensate employees for the cost of using electricity, the Internet, and part of the cost of renting a house, etc. Therefore, companies must plan their activities considering the lack of qualified labor.
Summarizing the above, labor market trends emphasize the need to hire Ukrainian citizens from other regions (and not only them), and indicate the urgency of creating diverse, fair, and inclusive workplaces. In turn, the state should support organizations that accept IDPs, as well as small and medium-sized businesses, because it has become one of the key components of ensuring the economic and social stability of the country. Therefore, despite the exhausting conditions of martial law, Ukraine must develop the business sector in order to create new opportunities and a progressive future for the country.