Unemployment in Poland and the Central Statistical Office published this data

The Central Statistical Office published data on unemployment in Poland. The unemployment rate in July 2024 was 5.0%. Against 4.9% a month earlier. Economists estimate that reversing the growth trend will be difficult.

The Ministry of Family, Labor and Social Policy had previously estimated the unemployment rate In July it was 5.0 percent.

According to the Central Agency for Public Mobilization and Statistics, the number of unemployed people registered in labor offices It reached 765.4 thousand compared to 762.2 thousand people a month ago.

Unemployment falling below 5% is unlikely to happen anytime soon. “The number of cases in Poland is expected to rise by 10 percent in the coming months,” Sebastian Sagnog of the Polish Economic Institute (PIE) said on Monday, commenting on the Central Statistical Office data.

In line with previous expectations, the unemployment rate will fall below 5%. This is unlikely to happen anytime soon. The current level appears to have reached a threshold below which it will be difficult to go, given current labor market conditions. In the coming months, changes in the unemployment rate will be mainly due to seasonal factors – The economist justified.

He added that the number of unemployed people is still 17,000 fewer than in the same period last year. Sainug admits that although the increase in the unemployment rate is small, such a phenomenon in July is somewhat unusual.

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