Polish unemployment rate likely to have dropped further in August
Source: FxWire Pro - Commentary / 24 Sep 2018 12:45:41 America/New_York
Polish labor data for the month of August is set to be released tomorrow. The Ministry of Labor expects that the jobless rate in Poland has dropped to 5.8 percent as compared with the initial expectation of a rise of 6 percent year-on-year, stated Erste Group Research in a report.
Recently, there have been signs of stabilization on the lanor market with wage growth rising 6.8 percent year-on-year and employment growing 3.4 percent in August. The overall labor market situation continues to be favourable and the demand pressure is expected to increase in the months ahead that should finally translate into higher dynamics of core inflation stated Erste Group Research.© FxWire Pro 2019. All rights reserved. The FxWire Pro content received through this service is the intellectual property of FxWire Pro or its third party suppliers. Republication or redistribution of content provided by FxWire Pro is expressly prohibited without the prior written consent of FxWire Pro, except for personal and non-commercial use. Neither FxWire Pro nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon.