Unemployment in Poland

Poland Unemployment | Economic News & Forecasts

Poland - Unemployment

Third-quarter growth defied expectations of an impending slowdown, matching the second quarter as domestic demand showed little sign of letting up. Fixed investment surged on the continued absorption of EU-linked structural funding, and household spending remained upbeat in light of strong earnings and low unemployment. Notably, inflation hovered below-target through the quarter despite the expansion. Available fourth-quarter data, however, suggests that economic growth may be decelerating. Survey-based data from the manufacturing sector slid through the better part of last year and, most recently, purchasing activity signaled a downturn in November and December. This would appear to align industrial metrics with the recent Eurozone pullback, which has hit export orders and is likely to continue doing so over the short-term. Consumers, on the other hand, have so far been spared and look set to continue driving economic gains; the labor market tightened through November and retail sales thus far appear unscathed.

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 Yield2.74-0.30 %Jan 14
Exchange Rate3.74-0.53 %Jan 14
Stock Market59,113-1.13 %Jan 14

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