Nearly 5 million jobs have been lost in Ukraine since the start of the Russian aggression
An estimated 4.8 million jobs have been lost in Ukraine since the start of the Russian aggression as of May 11, 2022, according to a new brief by the International Labour Organization (ILO). It’s equal to 30% of pre-conflict employment in Ukraine.
The study estimates that if hostilities were to escalate, employment losses would increase to 7 million or 43.5%. However, if the fighting was to cease immediately, a rapid recovery would be possible, with the return of 3.4 million jobs. This would reduce employment losses to 8.9%, according to the brief.