Unemployment in Poland falling constantly
22:24
The unemployment rate registered in December 2021 was 5.4 percent, which is the same as in the previous month, the Central Statistical Office (GUS) reported. How long will the improvement of the labor market take? According to the calculations of the GUS, at the end of December 2021, there were 895,200 unemployed, i.e. by 3,600 less than in November.
According to the Eurostat methodology, the unemployment rate in November 2021 remained at the level of October and amounted to 3 percent (512,000 people were unemployed). The unemployment rate was lower only in two countries: the Czech Republic (2.2 percent) and the Netherlands (2.7 percent).
In terms of the number of unemployed, it has not yet reached the pre-pandemic level, but according to Bank Pekao economists, it is only a matter of a few months.
"In the coming months, we expect a further decline in unemployment, and the number of unemployed may fall below pre-pandemic levels," BNP Paribas analysts added.
In turn, the economists of Bank Ochrony Środowiska estimate that the unemployment rate at the end of 2022 will drop to 5.2 percent.
