Unemployment in Poland

Poland Unemployment | Economic News & Forecasts

Poland - Unemployment

Poland’s economy lost momentum throughout 2016 as reduced EU development funds and controversial domestic politics curtailed investment. GDP expanded at the slowest pace since 2013, despite buoyant household spending thanks to government stimulus measures and an improving labor market. Leading indicators for 2017 suggest that growth may be on the upswing, after bottoming out in Q4. The manufacturing PMI picked up and business confidence improved in January. Meanwhile, the IMF cleared an over EUR 8 billion credit line for the country on 13 January. The flexible credit line is precautionary and will provide the government with some breathing room amid an extremely uncertain global environment. U.S. monetary policy normalization, Brexit negotiations and the EU’s heavy election calendar all make Poland susceptible to a number of external shocks in the medium term.

Poland - Unemployment Data

2011  2012  2013  2014  2015  
Unemployment Rate12.5  13.4  13.4  11.4  9.8  

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Poland Unemployment Chart


Poland Unemployment
Note: Unemployment in % of active population.
Source: Central Statistics Office.

Poland Facts

ValueChangeDate
Bond Yield3.901.04 %Feb 22
Exchange Rate4.07-0.14 %Feb 22
Stock Market59,4510.20 %Feb 22

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