9/8/2023 0 Comments Average salary ukraine 2020We use wage payments data made available by one of Ukraine’s largest commercial banks to proxy national wage payments. On the other hand, using business surveys to assess employment dynamics surely underestimates the employment problems caused by closed or dormant businesses. For example, using the number of job openings as a proxy for labour demand is problematic, as changes in these numbers might be caused by various factors, some of which are not connected to labour market trends (for a critique of such methods, see Kureková et al. However, these approaches depend on small and possibly biased samples. National Bank of Ukraine 2022) to capture wages and jobs trends. There have been some attempts to use labour market data obtained from employment service websites or general business surveys (e.g. exports, private consumption, and investment) since the war in Ukraine resulted in the suspension of official statistics (Behrens 2022, Blinov and Djankov 2022, Constantinescu et al. Researchers have used alternative data sources to gauge economic growth and its ingredients (e.g.
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