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

Employment in Polish companies dropped by 0.2 percent in February on average in year-on-year terms, the country’s statistics office reported on Wednesday.

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Meanwhile, average wages in Poland's corporate sector in February increased by 12.9 percent compared with the same month a year earlier, the state-run Statistics Poland (GUS) agency said.

In February 2024, the average paid employment in the enterprise sector compared with February 2023 was lower by 0.2% and amounted to 6 510.9 thousand full-time equivalent employees.https://t.co/UI3j9Lk0Xx#StatisticsPoland #statistics #economy #enterprises #labour #LabourMarket pic.twitter.com/uaxjVKcF0n

— Statistics Poland (@StatPoland) March 20, 2024

The average gross Polish monthly wage last month was PLN 7,978.99 (EUR 1,845, USD 2,000), according to the statistical office.

The average monthly wage and salary in the enterprise sector in February 2024 compared with February 2023 increased nominally by 12.9% and amounted to PLN 7 978.99 gross.https://t.co/UI3j9Lk0Xx#StatisticsPoland #statistics #enterprises #wages #salary #labour #LabourMarket pic.twitter.com/YiclL94Pcj

— Statistics Poland (@StatPoland) March 20, 2024

The figures are for companies with more than nine employees.

Polacy zarabiają coraz więcej. GUS podał najnowsze dane https://t.co/YPtUBC6doP

— Gospodarka - Polskie Radio (@Gospodarka_PRSA) March 20, 2024

The Ministry of Family, Labour and Social Policy estimated earlier this month that Poland's unemployment rate held steady at 5.4 percent in February, unchanged from January.

(gs)

Source: IAR, PAP