What was the unemployment rate during 2009?
At the end of the recession, in June 2009, it was 9.5 percent. In the months after the recession, the unemployment rate peaked at 10.0 percent (in October 2009).
What is the unemployment rate of Poland?
3.55%
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Poland unemployment rate for 2020 was 3.55%, a 0.27% increase from 2019. Poland unemployment rate for 2019 was 3.28%, a 0.57% decline from 2018.
Does Poland have a high unemployment rate?
Poland’s unemployment rate edged down to 5.1 percent in May of 2022 from 5.2 percent in the previous month, in line with market expectations. It was the lowest jobless rate since November 2019, as the number of registered unemployed declined by 27.8 thousand to 850.2 thousand.
How much did unemployment rise in 2008?
In the fourth quarter of 2008, the unemployment rate rose to 6.9 percent and the unemployment level reached 10.6 million, an increase of 2.1 percentage points and 3.3 million persons, respec- tively, over the fourth quarter of 2007.
Why is Poland’s unemployment rate so low?
Despite the COVID-19 pandemic, Poland has one of the lowest unemployment rates in the European Union. This is thanks to the support provided to entrepreneurs by the Polish government.
What is the unemployment rate in Poland 2022?
5.1 percent
Monthly unemployment rate in Poland 2020-2022 In May 2022, the unemployment rate in Poland amounted to 5.1 percent, and it was lower than a year ago when it reached 6.1 percent.
Why does Poland have high unemployment?
Domestically, one of the elements behind high unemployment are inefficient labor laws making job creation difficult, and unduly protecting senior employees (aged over 56).
Why is Poland’s unemployment rate low?
Despite the COVID-19 pandemic, Poland has one of the lowest unemployment rates in the European Union. This is thanks to the support provided to entrepreneurs by the Polish government. Under the Anti-Crisis Shield and Financial Shield initiatives, Polish companies received over PLN 237 billion.
Why is unemployment so high in Poland?
Is unemployment a problem in Poland?
Unemployment remains one of the most serious issues facing the Polish economy. The unemployed are a group at particular risk of being affected by poverty (see poverty in Poland).
Does Poland have high unemployment rate?
Poland has lower unemployment rate than Spain, which has very high unemployment level, but also for example in comparison to Italy, France, Belgium or Finland. In the winter season the unemployment rate is usually higher than in the other months.
What is the inflation rate in Poland?
The inflation rate for consumer prices in Poland moved over the past 41 years between -0.9% and 567.9%. For 2020, an inflation rate of 3.4% was calculated. During the observation period from 1979 to 2020, the average inflation rate was 35.0% per year. Overall, the price increase was 417,815.40 %.
What are the mortgage interest rates in Poland?
Mortgage credit interest rate, percent in Poland, January 2004 – February 2021: For that indicator, we provide data for Poland from January 2004 to February 2021.The average value for Poland during that period was 5.27 percent with a minimum of 2.27 percent in December 2020 and a maximum of 8.14 percent in November 2004.
What is the highest unemployment rate?
What is the highest unemployment rate in US history? The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression. More recently, it reached notable peaks of 10.8% in November 1982 and 14.7% in April 2020 .