Polish labor market throws back
20:30
The average employment in the enterprise sector fell by 2.1 percent in April. on an annual basis, while salary increased by 1.9% per year, according to the latest announcement of the Central Statistical Office (GUS). This is the first "hard" data on the labor market about the month in which the economy was in the state of the most severe restrictions associated with freezing the economy during a pandemic.
On a monthly basis, i.e. compared to March readings, employment fell by 2.4%. In absolute numbers, this means that from month to month the number of full-time jobs on the labor market shrank by 152.9 thousand. Compared to March, salaries also dropped by as much as 3.7 percent.
As justified by such poor results from the labor market, the GUS itself: "the decrease in average employment resulted from the reduction of the number of full-time jobs, termination and extension of term contracts, as well as termination of employment contracts with employees." Of course, the epidemiological situation and government countermeasures are responsible for all this.
