Labour Costs in Poland increased to 128.80 points in the second quarter of 2020 from 122.70 points in the first quarter of 2020.

Labour Costs in Poland averaged 93.27 points from 1995 until 2020, reaching an all time high of 128.80 points in the second quarter of 2020 and a record low of 50.70 points in the second quarter of 1995. 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 October of 2020. source: Eurostat

Labour Costs in Poland is expected to be 106.79 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 130.73 in 12 months time. In the long-term, the Poland Unit Labour Costs is projected to trend around 108.28 points in 2021 and 110.23 points in 2022, according to our econometric models.

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Poland Unit Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
128.80 122.70 128.80 50.70 1995 - 2020 points Quarterly
NSA, 2010=100

Poland Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 6.00 20.70 0.30 percent [+]
Employed Persons 16274.00 16425.00 16619.00 15177.00 Thousand [+]
Unemployed Persons 1024.70 1028.00 3344.20 56.00 Thousand [+]
Long Term Unemployment Rate 0.60 0.70 11.60 0.60 percent [+]
Youth Unemployment Rate 9.10 9.60 44.20 7.80 percent [+]
Productivity 112.00 119.70 119.70 46.80 points [+]
Labour Costs 128.80 122.70 128.80 50.70 points [+]
Job Vacancies 78.70 54.00 120.30 5.30 Thousand [+]
Wages 5024.48 5331.47 5331.47 1008.03 PLN/Month [+]
Wages in Manufacturing 5212.93 4852.56 5214.32 2722.47 PLN/Month [+]
Wage Growth 5.60 4.10 13.16 0.38 percent [+]
Minimum Wages 610.79 529.46 610.79 158.94 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 55.50 56.00 57.10 53.20 percent [+]
Part Time Employment 958.70 1012.10 1396.00 935.00 Thousand [+]
Full Time Employment 14927.60 15043.70 15290.60 11844.00 Thousand [+]
Employment Change -1.20 -1.50 5.80 -3.30 percent [+]
Employment Rate 67.90 68.40 68.90 50.40 percent [+]