Lure of Polish Riches Leaves Ukraine Bereft of Workers
- Ukraine central bank sees labor migration as emerging problem
- Data show 7 percent of workforce left Ukraine since 2015
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After years of bumper exports, Roman Pelekh is running low of inventory: the Ukrainian workers he’s been placing throughout eastern Europe since 2002.
That’s bad news not just for Pelekh but for Ukraine’s economy. Growth has slowed for four straight quarters as the worker squeeze stokes wages, triggering higher interest rates and choking credit.