Polish Employment Slightly up, Wage Drops in April 

HR

Photo by Fizkes / Shutterstock.com

Corporate employment in Poland rose 0.4% year-on-year to 6.524 million people in April, topping market estimates of 0.2% growth, although slightly easing from a 0.5% increase in the previous month, the Central Statistical Office (GUS) in Warsaw said on Monday.  

On a monthly basis, employments were up by 0.1%, boosted by admissions of employees in the units and return of employees from sickness benefits and unpaid leaves.

A separate report showed that Poland's corporate sector wage growth ticked down to 12.1% year-on-year to PLN 7,430.65 (EUR 1,651) in April from 12.6% in the previous month.

On a monthly basis, corporate wages dropped by 1%, weighed down by additional payments of annual bonuses and awards, jubilee awards, quarterly bonuses, overtime pays, and retirement severance pays.

Ministry Dismisses Suggestion That Hungary is 'Poorest' EU S... Figures

Ministry Dismisses Suggestion That Hungary is 'Poorest' EU S...

Economic Cooperation 'Firm Foundation' for German-Hungarian ... Int’l Relations

Economic Cooperation 'Firm Foundation' for German-Hungarian ...

Lithuania Industrial Output Eases in May Manufacturing

Lithuania Industrial Output Eases in May

Sziget Tops Slingo Music Festival Ranking In Budapest

Sziget Tops Slingo Music Festival Ranking

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.