Poland average wages rise, employment falls in April

Automotive

Photo by pitchr / Shutterstock.com

Poland’s average gross wages and salaries increased 1.9% year-on-year to PLN 5,285 in April, easing from a 6.3% increase in March, the Warsaw-based Central Statistical Office (GUS) says. Economists had expected a 4.5% rise.

Photo by pitchr / Shutterstock.com

It was the smallest rise in wages since June of 2013. On a monthly basis, average gross wages fell 3.7% in April.

Average paid employment declined 2.1% annually in April and fell 2.4% from the previous month. Employment in Poland’s enterprise sector, which concerns units employing more than nine persons, dropped by an annual 2.1% to 6.259 million people in April, after rising 0.3% in the previous month and compared with market expectations of 0.5% fall, the statistics agency said in a separate report.

It was the sharpest decline since November 2009. On a monthly basis, corporate employment went down 2.4%, GUS said on May 20.

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.

Support the BBJ

Industry