The unemployment rate in Poland stood at 5.7 percent in October 2018, unchanged from the previous month while markets had expected it to drop to 5.6 percent. It remains at its lowest level since October 1990, as the number of unemployed decreased by 8.9 thousand to 938.5 thousand. A year earlier, the jobless rate was higher at 6.6 percent. Unemployment Rate in Poland averaged 12.89 percent from 1990 until 2018, reaching an all time high of 20.70 percent in February of 2003 and a record low of 0.30 percent in January of 1990.
Unemployment Rate in Poland is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Poland to stand at 5.10 in 12 months time. In the long-term, the Poland Unemployment Rate is projected to trend around 5.10 percent in 2020, according to our econometric models.