15:18 26 November 2024
Recruitment market has shrunk by 7% compared to last year
In Q3 2024, Poland's HR market faced challenges amid record-low unemployment and economic stagnation. The temporary labor market shrank by 2%, and permanent recruitment dropped by 7% y/y. Temporary worker numbers fell by 4%, with a 10% decline in hours worked. Conversely, outsourcing grew by 9%, with revenues reaching PLN 454 million. Rising labor costs (up 13% in Poland compared to 5% in the EU) and fewer foreign workers exacerbate workforce shortages.
Despite these issues, job offers rose by 12% in September and October, suggesting optimism for the coming months. Persistent demographic changes remain a key factor, with Poland's working-age population projected to decline by over 12% within a decade.
