Poland Unemployment Rate - Forecast

Unemployment Rate in Poland is expected to be 7.50 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 7.40 in 12 months time. In the long-term, the Poland Unemployment Rate is projected to trend around 6.80 percent in 2020, according to our econometric models.


Poland Unemployment Rate
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Poland Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 6.9 7.5 7.3 7 7.4 6.8
Employed Persons 16510 16700 16800 16900 17100 18000
Unemployed Persons 1134 1140 1130 1120 1100 1020
Long Term Unemployment Rate 1.5 1.5 1.5 1.6 1.6 1.7
Youth Unemployment Rate 13.5 13.2 13 12.6 12.5 10
Labour Costs 115 106 104 116 102 106
Productivity 113 108 110 113 138 146
Job Vacancies 103 110 125 115 75 85
Wages 4517 4500 4600 4600 4700 4850
Wages in Manufacturing 4534 4400 4500 4500 4600 4750
Wage Growth 7.3 6.5 6 5.5 5.1 3
Minimum Wages 503 503 503 525 525 615
Population 37.97 37.91 37.91 37.91 37.91 37.84
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 56.7 56.6 56.5 56.5 56.4 56
Part Time Employment 1038 1130 1140 1150 1170 1320
Employment Change 3.8 3.8 3.6 3.4 3.2 2
Employment Rate 66.5 66.5 66.6 66.7 66.8 67.5
Full Time Employment 15108 15400 15500 15600 15700 16900