Poland’s unemployment rate came in at 6.1 percent in August of 2020, unchanged from the previous two months and matching market expectations. Poland's unemployment rate rose to 6 percent in May 2020 from 5.8 percent in the previous month but slightly below market expectations of 6.1 percent. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet. It was the highest jobless rate since February last year, amid the coronavirus crisis. Exchange rates. Central Statistical Office of Poland (GUS), Polish August Jobless Rate Steady at Near 1-1/2-Year High, Poland Retail Sales Rise Much Less than Expected, Polish Industrial Output Grows Less than Expected, Poland Producer Prices Fall More than Expected in August, Polish Corporate Wage Growth at 5-Month High, Poland Factory Activity Expands at a Softer Pace in August, Russia Corporate Profits Drop 42.2% in Jan-Jul, Silver Falls, Set for Worst Week Since Mid-March, UK Stocks Recover from 4-Month Low in Afternoon Session, Canada Budget Deficit Widens Sharply in July.
But only a single person on the 10-member Monetary Policy Council has so far said that falling unemployment and gains in salaries could warrant tightening already this year. Wages have the attention of the central bank, which is preparing to end its record-long pause on interest rates with the first increase since 2012. That’s the lowest since 1991, when the economy was in the early stages of its transformation away from communism. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Under Eurostat methodology, Polish unemployment was at 5.3 percent in March and February, among the lowest in the European Union. Direct access to our calendar releases and historical data. For every 100 workers, Poland now has 28 pensioners, a number projected to almost double by 2050. That’s 2 percentage points below the EU’s average. “We’re approaching levels we should no longer be happy with, levels the government should start to worry about in the context of the outlook for economic growth,” said Jaroslaw Janecki, chief economist at Societe Generale SA in Warsaw. Among them, 40 percent are aged 18-24, and their share has increased by 10 percentage points, Immigration: An estimated 1 million Ukrainians working in Poland are mitigating the labor shortage and helping keep wage pressures in check.