Unemployment in Poland

Poland Unemployment | Economic News & Forecasts

Poland - Unemployment

Last year’s fourth-quarter slowdown confirmed widely-held expectations. Although fixed investment growth moderated, domestic demand remained a force to be reckoned with. Household spending remained in the driver’s seat despite decelerating somewhat amid slower employment gains. Notably, a pullback in the Eurozone failed to bruise export growth. Available first-quarter data, meanwhile, suggests that last year’s industrial-sector woes persisted at the outset of the year. Eyeing last year’s impressive fiscal outturn and this autumn’s parliamentary elections, the Law and Justice (PiS) government unveiled an additional PLN 40 billion (EUR 9.3 billion) spending plan on 23 February. The expanded “Family 500+” program is expected to boost household spending and should effectively cushion this year’s cool-off without stretching the fiscal deficit beyond EU-mandated limits.

Poland - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate13.4  11.4  9.7  8.2  6.6  

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Poland Unemployment Chart


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

Poland Facts

ValueChangeDate
Bond Yield2.88-0.30 %Mar 11
Exchange Rate3.82-0.53 %Mar 11
Stock Market59,470-1.13 %Mar 11

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