Euro zone labor shortage could be eased by influx of Ukrainians: ECB
FRANKFURT, June 20 (Xinhua) -- The influx of Ukrainians fleeing the Russia-Ukraine conflict could slightly ease the tightness observed in the euro area labor market., according to a monthly report published by the European Central Bank (ECB) on Monday.
Around 7 million people, mostly women and children, have left Ukraine, said the ECB in the report quoting the United Nations High Commissioner for Refugees (UNHCR), adding that a significant proportion of them is expected to reach the euro zone.