Economy

Shmyhal: "The weekend quarantine provoked the second peak of unemployment"

But it almost did not affect the GDP

The holiday quarantine, which operated in Ukraine in November, had almost no effect on GDP, but it provoked the second peak of unemployment in the country. 

About this in an interview "Ukrainian Truth" Prime Minister Denys Shmyhal said.

"Now it should be noted that the weekend quarantine did not have a significant impact on the economy as a whole. Why? Because very little has changed in the overall GDP. First of all, because it was a working week, when people could buy everything they needed. That is, consumption suffered little," said the head of government. However, Shmyhal admitted that the weekend quarantine had the greatest impact on the service and entertainment sectors, which employ a large number of people and jobs. 

"That is, the impact on the GDP of the country as a whole was insignificant, but the impact on the number of jobs was quite noticeable... It is possible to say that the quarantine of the day off affected the level of employment. This is a negative influence, it exists, it is tracked on the graphs. At the beginning of the quarantine, we had 361 registered unemployed, today there are 000. A month ago there were 420," said Denys Shmyhal.

According to him, the second peak was observed due to unemployment, the first was after the start of the quarantine. According to the Prime Minister, the end of the agricultural season traditionally affects the number of jobs in this period.

Also, according to Shmyhal, 440 people have been employed through employment centers since the beginning of the quarantine in Ukraine.

Comments

Recent ones

The most relevant news and analytical materials, exclusive interviews with the elite of Ukraine and the world, analysis of political, economic and social processes in the country and abroad.

We are on the map

Contact Us

01011, Kyiv, str. Rybalska, 2

Phone: +38-093-928-22-37

Copyright © 2020. ELITEXPERT GROUP

To Top