Actual unemployment rate in Ukraine almost five times higher than official figures – minister

The actual number of unemployed citizens in Ukraine reaches 1.9 million people, while only 400,000 citizens are registered with the social services as unemployed, Deputy Prime Minister Pavlo Rozenko said, speaking on ZIK TV.

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"Today, only 400,000 Ukrainians are registered with the social services as unemployed. In particular, it's the people who have the right to social assistance come there. However, as of today, the real number of unemployed is about 1.9 million Ukrainians," Rozenko said.

He added that there were 18 million working people in Ukraine. However, not all of them pay a single social contribution, which in turn causes considerable damage to the state.

"As for the working-age population, this is people between 15 and 75 years of age in Ukraine. However, it is obvious that no one will work anymore when they're 75. Moreover, people simply do not live to that age in Ukraine. However, there are about 18 million actually working people in the labor market. At the same time, only 11 million people pay insurance premiums. Therefore, we have the formula for the deficit of the Ukrainian budget," Rozenko said.

As UNIAN reported earlier, the unemployment rate in Ukraine in March 2017 fell by 7.4%, against February, or 32,600 people in absolute terms, to 406,800 people.

Read alsoUkraine reports decrease in official unemployment rateThe number of registered unemployed citizens made up 1.5% of the working-age population.

Unemployed citizens receiving social assistance has dropped by almost 32,400 people, down to 332,800 people. At the same time, the average size of social assistance in March was UAH 2,028 compared to UAH 1,923 UAH in February this year.

In March, 11.1% of registered unemployed were hired compared to 5.4% a month earlier.

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