“The unemployment rate will remain above 5% in the coming months. This is due to restructuring in some workplaces. However, in the long term it will decline. The number of people who is professionally active decreases means that the search for work The Central Statistical Office indicates that the number of job offers reported in the month is 16.1% lower than a year ago created in August than a year ago,” wrote experts from the Polish Economic Institute.
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In their morning statement, BM BNP Paribas analysts reminded that the situation on the labor market is getting worse. “Last year’s economic slowdown and the moderate recovery in activity so far is changing to a decline in employment, although its scale is still limited,” he said.
About apparent cooling in Polish labor market This is also confirmed by the data published a few days ago (along with providing statistics on average wages) regarding the number of employees. According to the Office for Central Statistics, employment in the enterprise sector (companies employing at least 10 people) in August income 6,470 thousand full-time positions. This means a year-on-year decline of 0.5%. and by 0.3 percent on a monthly basis. This was one of the biggest monthly declines in the number of employees during this period in years.
This could be influenced by, among others: layoffs announced in the media in large international companies (but there were also group layoffs in large state-owned companies, including Poczta Polska and PKP Cargo) , due, among others, to weak external demand.
See also: This business does what it does best. the second quarter of the labor market under the microscope
