Key characteristics of the labour market in Q4-2025.
- Employment in the economy over the quarter remained almost unchanged – its growth
in seasonally adjusted terms amounted to 0.02% quarter-on-quarter, while the average quarterly actual level of employment reached 4158.3 thousand. - The unemployment rate slightly decreased in seasonally adjusted terms. At the end of the quarter, the actual value amounted to 2.5%.
- The dynamics of new hires and terminations continued to slow down: compared to the previous quarter, seasonally adjusted, new hires decreased by 1.4%, while the number of terminations declined by 3.7%. The number of additionally introduced workplaces remained at the level of the previous quarter.
- In the regional breakdown, labour market dynamics remained the most active in Minsk City and Minsk Region, while a slowdown was observed in Gomel Region. Moderately positive dynamics were characteristic of Brest Region.
- In the sectoral breakdown, the labour market situation developed most dynamically in Trade and service and Other services. Positive trends persisted in Construction, and a recovery was observed in Information and communication.
- By the end of the quarter, the labour market situation was characterised by reaching
a plateau in terms of tension. Despite a high number of vacancies and low unemployment,
no further deterioration in the balance between labour demand and supply was observed. - The average monthly wage in nominal terms amounted to Br 2799.6 at the end of the quarter and increased by 1.8% in real terms, seasonally adjusted. Amid the slowdown in wage growth, the gap between wage growth and labour productivity did not increase significantly.
- As of November 2025, the median wage amounted to Br 2081.7 BYN (+8.5% in real terms compared to the same period of the previous year). The largest share of employees received wages in the range of 1500.1-2000 BYN (19.3%), while the share of low-wage employees amounted to 23.5%.
- Wage dynamics in the state commercial sector and the budgetary sector did not differ significantly from the economy-wide average; therefore, their relative level remained unchanged compared to the previous quarter. A slight increase in the share of the payroll number of employees in the state commercial sector was observed, reaching 42.9% at the end of the quarter.