- Poland’s unemployment rate is expected to remain steady at 5% in August, according to the Ministry of Labor.
- This would maintain one of the lowest unemployment rates in over 30 years.
- The unemployment rate slightly increased to 5% in July from 4.9% in June, which was the lowest since August 1990.
Warsaw, 9 September (FinanceFlashNews) – The unemployment rate in Poland held steady at 5% in August, according to estimates from the Ministry of Family, Labor, and Social Policy. If confirmed, this would represent one of the lowest levels of unemployment in more than three decades, following a similar 5% rate in July, which marked a slight increase from 4.9% in June.
This comes after Poland recorded its lowest unemployment rate since August 1990. Analysts surveyed by PAP also predict that the unemployment rate will stabilize at 5%.
According to tradingeconomics, Poland’s highest unemployment rate occurred in February 2003, when it reached 20.7%. In contrast, the lowest unemployment rate was registered in January 1990 at 0.3%.
| Month | Unemployment Rate |
|---|---|
| August 2024 (Estimate) | 5.0% |
| July 2024 | 5.0% |
| June 2024 | 4.9% |
| Highest (Feb 2003) | 20.7% |
| Lowest (Jan 1990) | 0.3% |
Keywords: Poland unemployment, Ministry of Labor, economic trends, job market
