In September, the unemployment rate fell to 9.9 percent from 10 percent in August – Minister of Labour and Social Policy Władysław Kosiniak-Kamysz announced on Wednesday. If the ministry’s estimations prove accurate, a symbolic threshold will have been crossed. The last time unemployment was below 10 percent was seven years ago – for a couple of months in 2008.
– This year, the long awaited moment has finally arrived. However, it should kept in mind that the situation is not as good as seven years ago – comments Łukasz Kozłowski, expert of Employers of Poland.
In September 2008, the unemployment rate was 8.9 percent, compared to 9.9 percent now. Back then, only ca. 1.38 people were registered in Labour Offices as unemployed, now – ca. 1.54 mln.
– However, in contrast to the situation seven years ago, the upturn on the labour market is not strong enough to cause – as was the case back then – a rapid growth in wages and hard competition among employers for employees – says Kozłowski. In 2008, employment grew at a 4-5 percent rate, and real wages grew by 6-7 percent. Now the corresponding figures are only 1 percent and 4-5 percent respectively. – The current drop in unemployment seems to be the effect of a lowering of the natural level of unemployment in Poland which is a result of employee migration, the gradual entry of the structurally unemployed into the pension age bracket and more effective measures combatting fictitious unemployment – Kozłowski believes.