Economy
21:44 13 September 2023
Post by: WBJ

Optimism about labor market unfounded - expert

Optimism about labor market unfounded - expert
Source: Pixabay

Despite low unemployment and the fading memory of the pandemic crisis, there are concerns about the job market in Poland. Krzysztof Inglot, the founder of Personnel Service, highlights that there is a critical issue: the country isn't creating more jobs than before, and the number of job vacancies registered at employment offices is decreasing.

As of the end of the second quarter of 2023, Poland had 113,200 job vacancies, which is 1,700 fewer than in the first quarter of the year and 36,100 fewer than in the same quarter of 2022. Inglot suggests that the decline in unemployment is partly due to the "safe turnover of war migration."

While Poland's unemployment rate in August was 5% according to the Ministry of Family and Social Policy, Eurostat reported a lower rate of 2.8%. Despite the predicted crisis, the Polish job market seems unaffected, but the issue lies in the stagnation of job creation and a decrease in registered vacancies, indicating a lack of new employment opportunities.

Source: pulshr.pl


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