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The Ukrainian conflict might impair labor markets in neighboring countries such as Hungary, Moldova, Poland, Romania, and Slovakia

Nearly five million jobs lost in Ukraine due to Russia's invasion of Kyiv

In the case of a ceasefire, 3.4 million jobs may return quickly, the study says

By Ishika Dangayach
Published - May 12, 2022, 03:13 AM ET
Last Updated - Feb 27, 2024, 01:31 PM EST
  • The International Labour Organization (ILO) said around 4.8 million jobs have been lost in Ukraine since the Russian invasion began in February.
  • According to a study by the ILO, employment losses, which accounted for about 30% of Ukraine's workforce before the invasion, might rise to seven million if hostilities persist.

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