Unemployment in Poland

Poland Unemployment | Economic News & Forecasts

Poland - Unemployment

After a historic plunge in activity in Q2, recent data hints at a recovery in Q3. Industrial production swung to expansion in the quarter, hitting an over one-year high in September. Moreover, retail sales rebounded in July–September, suggesting that household spending firmed in the quarter. Meanwhile, merchandise exports bounced back from Q2’s contraction in July–August and the PMI remained in expansionary territory throughout the quarter. Turning to Q4, economic prospects are bleaker. Business sentiment in the manufacturing sector deteriorated in October, likely owing to the rapidly increasing number of new Covid-19 cases, which could weigh on activity in the final months of the year. In other news, following a court ruling on 22 October that effectively banned almost all abortions, nationwide protests have broken out, defying the Covid-19-induced restrictions on public gatherings.

Poland - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate9.7  8.2  6.6  5.8  5.2  

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Poland Unemployment Chart

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

Poland Facts

Value Change Date
Bond Yield2.07-0.30 %Dec 31
Exchange Rate3.79-0.53 %Jan 01

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