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

Employment in Polish companies dropped by 0.5 percent in May on average in year-on-year terms, the country’s statistics office reported on Thursday.

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Image by Gosia K. from Pixabay

Meanwhile, average wages in Poland's corporate sector in May increased by 11.4 percent compared with the same month a year earlier, the state-run Statistics Poland (GUS) agency said.

In May 2024, average paid #employment in the enterprise sector was 6,487.7 (-0.5% YoY). The data refers to entities in the enterprise sector with 10 or more employees in selected activities of of NACE Rev.2.https://t.co/PUV1hJTBJ2#StatisticsPoland #statistics pic.twitter.com/IqULsurGm9

— Statistics Poland (@StatPoland) June 20, 2024

The average gross Polish monthly wage last month was PLN 7,999.69 (EUR 1,853, USD 1,985), according to the statistical office.

The average monthly wage and salary in the enterprise sector in May 2024 was PLN 7,999.69 gross (+11.4% YoY). The data refers to entities in the enterprise sector with 10 or more employees in selected activities of NACE Rev.2.https://t.co/PUV1hJTBJ2#StatisticsPoland pic.twitter.com/ySLcRod1dL

— Statistics Poland (@StatPoland) June 20, 2024

The figures are for companies with more than nine employees.

The Ministry of Family, Labour and Social Policy estimated earlier this month that Poland's unemployment rate dropped to 5 percent in May, from 5.1 percent in April.

(gs)

Source: IAR, PAP