Labour Costs in Poland increased to 119.40 points in the third quarter of 2019 from 116.70 points in the second quarter of 2019. Labour Costs in Poland averaged 97.84 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. source: Eurostat

Labour Costs in Poland is expected to be 116.47 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 120.43 in 12 months time. In the long-term, the Poland Unit Labour Costs is projected to trend around 128.76 points in 2020, according to our econometric models.

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Poland Unit Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
119.40 116.70 119.40 82.50 2000 - 2019 points Quarterly
NSA, 2010=100

Poland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.00 20.70 0.30 percent [+]
Employed Persons 16619.00 16484.00 16619.00 15177.00 Thousand [+]
Unemployed Persons 867.20 850.73 3344.20 56.00 Thousand [+]
Long Term Unemployment Rate 0.70 0.90 11.60 0.70 percent [+]
Youth Unemployment Rate 9.50 10.00 44.20 9.50 percent [+]
Labour Costs 119.40 116.70 119.40 82.50 points [+]
Productivity 125.60 130.30 145.90 66.20 points [+]
Job Vacancies 67.70 80.90 120.30 5.30 Thousand [+]
Wages 4931.59 4839.24 5014.94 1008.03 PLN/Month [+]
Wages in Manufacturing 5000.80 4990.17 5000.80 2722.47 PLN/Month [+]
Wage Growth 5.30 5.90 13.16 0.38 percent [+]
Minimum Wages 523.09 523.09 523.09 158.94 EUR/Month [+]
Population 37.98 37.97 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 [+]
Part Time Employment 1021.30 1011.50 1396.00 991.80 Thousand [+]
Labor Force Participation Rate 56.20 55.90 57.10 53.20 percent [+]
Employment Change 2.60 2.50 5.80 -2.40 percent [+]
Employment Rate 68.90 68.20 68.90 50.40 percent [+]
Full Time Employment 15102.50 14914.60 15230.90 11844.00 Thousand [+]