Labour Costs in Poland decreased to 120.20 points in the fourth quarter of 2020 from 126.80 points in the third quarter of 2020. source: EUROSTAT

Labour Costs in Poland averaged 93.85 points from 1995 until 2020, reaching an all time high of 128.80 points in the second quarter of 2020 and a record low of 50.70 points in the second quarter of 1995. This page provides - Poland Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Unit Labour Costs - values, historical data and charts - was last updated on April of 2021.

Labour Costs in Poland is expected to be 133.44 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Poland to stand at 123.21 in 12 months time. In the long-term, the Poland Unit Labour Costs is projected to trend around 126.65 points in 2022 and 129.57 points in 2023, according to our econometric models.

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Poland Unit Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
120.20 126.80 128.80 50.70 1995 - 2020 points Quarterly
NSA, 2010=100

Poland Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.50 6.50 20.70 0.30 percent [+]
Employed Persons 16555.00 16644.00 16644.00 15177.00 Thousand [+]
Unemployed Persons 1099.50 1090.40 3344.20 56.00 Thousand [+]
Long Term Unemployment Rate 0.60 0.60 11.60 0.60 percent [+]
Youth Unemployment Rate 14.80 14.30 44.20 7.80 percent [+]
Productivity 117.50 116.70 119.70 46.80 points [+]
Labour Costs 120.20 126.80 128.80 50.70 points [+]
Job Vacancies 61.40 61.00 120.30 5.30 Thousand [+]
Wages 5456.81 5168.93 5456.81 1008.03 PLN/Month [+]
Wages in Manufacturing 5298.11 5313.92 5563.86 2722.47 PLN/Month [+]
Wage Growth 8.00 4.50 13.16 0.38 percent [+]
Minimum Wages 614.08 583.48 614.08 158.94 EUR/Month [+]
Population 37.96 37.97 38.67 29.48 Million [+]
Retirement Age Women 60.00 60.00 60.58 60.00 [+]
Retirement Age Men 65.00 65.00 65.58 65.00 [+]
Labor Force Participation Rate 56.40 55.50 57.10 53.20 percent [+]
Part Time Employment 901.70 907.20 1396.00 901.70 Thousand [+]
Full Time Employment 15247.30 15198.90 15290.60 11844.00 Thousand [+]
Employment Change -1.30 -1.70 5.80 -3.30 percent [+]
Employment Rate 69.40 69.00 69.40 50.40 percent [+]