Poland's unemployment rate rose to 6 percent in May 2020 from 5.8 percent in the previous month but slightly below market expectations of 6.1 percent. It was the highest jobless rate since February last year, amid the coronavirus crisis. The number of unemployed increased by 151.2 thousand from a month earlier to an over one-year high of 1117 thousand. A year ago, the jobless rate was lower at 5.4 percent
Unemployment Rate in Poland averaged 12.51 percent from 1990 until 2020, 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. This page provides the latest reported value for - Poland Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Central Statistical Office of Poland (GUS)
Unemployment Rate in Poland is expected to be 8.80 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 8.90 in 12 months time. In the long-term, the Poland Unemployment Rate is projected to trend around 7.60 percent in 2021 and 6.70 percent in 2022, according to our econometric models.