Factors that influence the unemployment rate in Ukraine

Ilienko, Alisa

Ilienko, A. Factors that influence unemployment rate in Ukraine. Bachelor thesis. Brno: Mendel University, 2023. The aim of the bachelor thesis was to identify the factors affecting the unemploy-ment rate in Ukraine. The factors are identified based on theoretical knowledges and experience of other countries, mainly those with economies in transition. Next, the labor market in Ukraine, the state of the economy and factors that may affect the unemployment rate are investigated. The peculiarities of the Ukrainian labor market are also taken into account, such as a large part of the shadow economy, a high level of corruption, regional unemployment and labor forces migration. To achieve this goal, multiple regression analysis is used to build an appropriate model. The influence of the average amount of unemployment benefits, corruption index, population aged 15-70 employed in the informal sector, minimum wage, GDP growth, FDI incoming, inflation index on the unemployment rate in Ukraine was tested. Statistically significant turned to be such factors as Corruption Index, Popu-lation employed in the informal sector, Minimum wage, and incoming FDI. Further, the influence of the factors was explained from the point of view of the Ukrainian labor market.

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