Labour Costs in Poland decreased to 107.50 points in the fourth quarter of 2019 from 119.40 points in the third quarter of 2019.

Labour Costs in Poland averaged 97.96 points from 2000 until 2019, reaching an all time high of 119.40 points in the third quarter of 2019 and a record low of 82.50 points in the fourth quarter of 2000. This page provides - Poland Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Unit Labour Costs - values, historical data and charts - was last updated on May of 2020. source: Eurostat

Labour Costs in Poland is expected to be 111.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Poland to stand at 110.94 in 12 months time. In the long-term, the Poland Unit Labour Costs is projected to trend around 114.71 points in 2021 and 118.61 points in 2022, according to our econometric models.

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Poland Unit Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
107.50 119.40 119.40 82.50 2000 - 2019 points Quarterly
NSA, 2010=100

Poland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 5.40 20.70 0.30 percent [+]
Employed Persons 16425.00 16467.00 16619.00 15177.00 Thousand [+]
Unemployed Persons 964.80 909.40 3344.20 56.00 Thousand [+]
Long Term Unemployment Rate 0.70 0.60 11.60 0.60 percent [+]
Youth Unemployment Rate 8.10 7.80 44.20 7.70 percent [+]
Productivity 116.70 117.90 117.90 46.80 points [+]
Labour Costs 107.50 119.40 119.40 82.50 points [+]
Job Vacancies 47.80 47.20 120.30 5.30 Thousand [+]
Wages 5331.47 5197.86 5331.47 1008.03 PLN/Month [+]
Wages in Manufacturing 4957.40 5214.32 5214.32 2722.47 PLN/Month [+]
Wage Growth 1.90 6.30 13.16 0.38 percent [+]
Minimum Wages 523.09 523.09 523.09 158.94 EUR/Month [+]
Population 37.97 37.98 38.67 29.48 Million [+]
Retirement Age Women 60.00 60.00 60.58 60.00 [+]
Retirement Age Men 65.00 65.00 65.58 65.00 [+]
Labor Force Participation Rate 56.00 56.70 57.10 53.20 percent [+]
Part Time Employment 954.40 935.00 1396.00 935.00 Thousand [+]
Full Time Employment 15146.60 15290.60 15290.60 11844.00 Thousand [+]
Employment Change -2.10 0.30 5.80 -2.40 percent [+]
Employment Rate 68.50 68.90 68.90 50.40 percent [+]