Polish Employment Slightly up, Wage Drops in April
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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.
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