The unemployment rate is rising in “smiling Poland” Tusk

In July 2024, unemployment in Poland was 5%, which means an increase of 0.1% compared to the erstwhile month, June 2024. Poland presently ranks second in the lowest unemployment ranking across the European Union.

Unemployment in absolute figures

In July, 766.4 1000 people were registered in the offices of employment in Poland, while in June the number was 762.2 thousand. This means that during the period the number of jobseekers increased by 3.2 1000 despite the ongoing vacation season. In the summertime period the number of seasonal jobs traditionally increases, especially in sectors specified as tourism and catering, which usually reduces unemployment. However, this year we see a slight increase in the number of registered unemployed.

Historical background of unemployment in Poland

According to the Central Statistical Office (GUS), Poland reached 1 of the lowest unemployment rates in November 2023, erstwhile it amounted to 2.8 percent. This value was 2.2% lower than the current value. By comparison, the average EU unemployment is 6% and 6.5% in the euro area, as Eurostat says. Thanks to this data, Poland remains second in the ranking of countries with the lowest unemployment level in the European Union, just after Malta, where unemployment is only 2.5 percent.

Comparison with another EU countries

The average unemployment rate in the European Union at 6% and the higher average of 6.5% in the euro area show how good Poland is in the European context. Compared to many another associate States, Poland is characterised by low unemployment, which is an crucial origin affecting economical stableness and future prospects.

Summary

Poland, despite a slight increase in unemployment in July 2024, maintains a strong position against another European Union countries. With 765.4,000 registered unemployed, the country continues to show stableness in the labour market, placing second in the EU in terms of lowest unemployment. Thanks to favourable conditions on the labour market, Poland remains 1 of the leaders in the European Union in terms of low unemployment.

This data is an crucial indicator of Poland's economical condition, highlighting its ability to keep low unemployment even in the face of global economical challenges and interior changes in the labour market. This affirmative phenomenon is crucial for further economical improvement and social stableness of the country.

Daniel Głogowski

Expert in his field – Publicist, author and social activist. The first articles were published in 1999 for global publishers. For more than 30 years, he has gained his experience through cooperation with the largest editorial offices. In his articles, he seeks to address controversial topics and present first viewpoints that allowed for a deeper knowing of the issues discussed.