Economy
18:18 22 January 2025
Post by: WBJ

Wages increased by 9.8% y/y, employment decreased by 0.6% y/y in Dec

Wages increased by 9.8% y/y, employment decreased by 0.6% y/y in Dec
Source: Pexels

In December 2024, the average gross salary in Polish enterprises (with over nine employees) increased by 9.8% y/y to PLN 8,821.25, according to the Central Statistical Office (GUS). However, employment in the sector decreased by 0.6% annually, totaling 6.45 million jobs.

The wage growth was slightly below the market consensus of 11.2%, while the employment decline aligned closely with expectations of a 0.5% drop. These figures reflect a mixed economic environment, with rising wages potentially influenced by inflation or labor market adjustments, alongside a slight contraction in workforce levels.

(inwestycje.pl)


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