Employment, wages up in Polish firms y/y in October: stats office

Employment in Polish companies rose by 2.4 percent in October on average in year-on-year terms, the country’s statistics office reported on Tuesday.

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Meanwhile, average wages in Poland's corporate sector in October increased by 13 percent compared with the same month a year earlier, the state-run Statistics Poland (GUS) agency said.

In Oct. 2022, average paid #employment in the enterprise sector in #Poland was higher by 2.4% (YoY) and was 6 500.9 thous. full-time equiv. Data on entities from this sector with the numb. employed pers. 10 or more in selected activity by NACE rev.2. https://t.co/bUyyNTlLAO pic.twitter.com/vbZuJXyH0g

— Statistics Poland (@StatPoland) November 22, 2022

The average gross Polish monthly wage last month was PLN 6,687.92 (EUR 1,420, USD 1,460), according to the statistical office.

In October 2022, #AverageGrossWagesandSalaries in the enterprise sector in #Poland were higher by 13.0% (YoY) and amounted to PLN 6 687.92. Data on entities from this sector with the number employed persons 10 or more in selected activity by NACE rev.2. https://t.co/bUyyNTlLAO pic.twitter.com/M0YVTjTVsj

— Statistics Poland (@StatPoland) November 22, 2022

The figures are for companies with more than nine employees.

Zwiększenie zatrudnienia i wyhamowanie wzrostu płac. Ekonomista PKO BP ocenia sytuację rynkową https://t.co/CKRCPEj0eF

— Gospodarka - Polskie Radio (@Gospodarka_PRSA) November 22, 2022

Poland’s labour ministry this month estimated that the country's unemployment rate was 5.1 percent in October.

There were around 797,500 people without jobs across the nation at the end of October, down by 4,200 from a month earlier, according to the government.

(gs)

Source: PAP