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

Employment in Polish companies dropped by 0.1 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 12.8 percent compared with the same month a year earlier, the state-run Statistics Poland (GUS) agency said.

In October 2023, average #employment in the enterprise sector was 6494.1 thousand full-time equivalents (-0.1% y/y). The data are for entities in the business sector with 10 or more employees in selected activities of PKD 2007.https://t.co/7uueIb6RNa#StatisticsPoland pic.twitter.com/y8T3w6b8jg

— Statistics Poland (@StatPoland) November 21, 2023

The average gross Polish monthly wage last month was PLN 7,544.98 (EUR 1,730, USD 1,890), according to the statistical office.

Average monthly wage and salary in the enterprise sector in October 2023 increased 12.8% y/y and amounted to PLN 7 544.98. Data on entities in the aforementioned sector with a number of employees of 10 or more in selected activities of PKD 2007.https://t.co/7uueIb6RNa pic.twitter.com/dZKRiaeZeP

— Statistics Poland (@StatPoland) November 21, 2023

The figures are for companies with more than nine employees.

Jak wzrosły wynagrodzenia, zatrudnienie i produkcja w październiku? GUS podał najnowsze dane https://t.co/weGWngSIBs

— Gospodarka - Polskie Radio (@Gospodarka_PRSA) November 21, 2023

Family and Social Policy Minister Marlena Maląg this month estimated that Poland's unemployment rate stayed flat at 5 percent in October, unchanged from the previous three months.

There were around 772,200 people without jobs across the nation at the end of October, down by 3,800 from a month earlier, according to the government.

(gs)

Source: PAP