Employment down, wages up in Polish firms y/y in August: stats office

Employment in Polish companies dropped by 1.5 percent in August on average in year-on-year terms, while edging up by 0.7 percent from a month earlier, the country’s Central Statistical Office (GUS) said on Thursday, amid the coronavirus pandemic.

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Meanwhile, average wages in Poland's corporate sector in August increased by 4.1 percent compared with the same month last year, the state-run statistics agency reported.

In August 2020, average paid #employment in enterprise sector was lower by 1,5% YoY and amounted to 6295.0 thousand. https://t.co/ejUkdeq7jB#StatisticsPoland #statistics #labour #LabourMarket pic.twitter.com/v7ACJxiQLL

— Statistics Poland (@StatPoland) September 17, 2020

The average gross Polish monthly wage last month was PLN 5,337.65 (EUR 1,200, USD 1,415), according to the statistical office.

In August 2020, average gross wages and #salaries were higher by 4.1% (YoY) and amounted to 5337.65 PLN.https://t.co/ejUkdeq7jB#StatisticsPoland #statistics #wage #wages #salary #enterprises #labour pic.twitter.com/oBoYbYPbaQ

— Statistics Poland (@StatPoland) September 17, 2020

The figures are for companies with more than nine employees.

The Polish labour minister said earlier this year that some 5 million jobs had been saved around the country thanks to measures including a massive relief and stimulus package that aims to shield the economy from the coronavirus.

A total of 76,571 people have tested positive for the coronavirus in Poland since the start of the pandemic, and 2,253 have died from the COVID-19 respiratory disease so far, officials said on Thursday.

Poland’s labour ministry has estimated that the country's unemployment rate was 6.1 percent in August, unchanged from July and June.

(gs/pk)

Source: PAP