Polish wage growth to have eased in April, jobless rate likely to have risen marginally

Polish labor market data for the month of April is set to release this week. According to an Erste Group Research report, the labor market data will provide the first insights into the effects of the lockdown on economic activity.

“We expect wage growth to ease to 4.1 percent y/y, while employment should, in our view, decrease by -0.4 percent y/y”, said Erste Group Research.

Based on information from the Ministry of Family, Labor and Social Policy, the jobless rate is expected to have risen marginally to 5.7 percent.