Quarantine threatens unemployment of 5 million Ukrainians

According to Cabinet calculations, one in ten healthy Ukrainians may lose their job by the end of the year.

Two to five million Ukrainians may lose their jobs due to the extension of the quarantine until the end of October. This expert forecast was published on Wednesday, September 2 on Channel 24.

An increase in unemployment is expected in the Cabinet itself. According to the macroeconomic forecast of officials, one in ten healthy Ukrainians may lose their job by the end of the year.

After the first wave, there are almost 500 thousand unemployed in Ukraine. And these are just official data, the actual figures are many times higher, says Mikhail Kukhar, senior economist at Ukraine Economic Outlook.

“The situation of rising unemployment is generally the most difficult consequence of the coronavirus crisis that we have today even in industrialized countries. figures from the growth of this unemployment “, – said Kuhar.

We recall, the Cabinet extended the quarantine restrictions until November, and also banned foreigners from red zone countries for a month.

At the same time, the government promised the company not to impose a strict quarantine, which will be accompanied by a closure of transport, trade and industrial companies.

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