Labor market cannot cool down

In May, the value of the average wage in enterprises increased by as much as 10.1 percent compared to last year and amounted to PLN 5,637. A year earlier, the growth rate was only 1.2 percent y/y. Wages rebound after months of slowdown due to Covid-19 and are back on the pre-pandemic path. Personnel Service experts forecast further increases – in June by another 10 percent y/y, while in the following months at the level of 8-9 percent.