The unemployment rate in Poland decreased to 5.4 percent in May of 2019 from 6.1 percent in the corresponding month of the previous year and matching market expectations.It was the lowest jobless rate since October 1990, as the number of registered unemployed fell by 96.2 thousand from a year ago to 906 thousand. In April 2019, the jobless rate was higher at 5.6 percent. Unemployment Rate in Poland averaged 12.75 percent from 1990 until 2019, reaching an all time high of 20.70 percent in February of 2003 and a record low of 0.30 percent in January of 1990.
Unemployment Rate in Poland is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Poland to stand at 5.50 in 12 months time. In the long-term, the Poland Unemployment Rate is projected to trend around 6.20 percent in 2020, according to our econometric models.