By: The Quinnipiac University Economics Research Team, Nick Ciampanelli
Poland’s Ministry of Labour recently announced that the country’s unemployment rate was 6.1% this past July – the same as the month prior. Although this statistic is unchanged, the Ministry noted that aggregate unemployment increased by 3,000 people. This raised total unemployment from 1,026,500 people in June to 1,029,500 people. In their statement, the Ministry largely attributed this fractional climb in unemployment to Poland’s various COVID-19 responses, which included prolonged lockdown restrictions and an economic stimulus package.
As the pandemic continues, the Ministry of Labour anticipates Poland’s unemployment rate could surge to approximately 8% by the end of 2020 if a second wave of COVID-19 cases were to occur.
This article is based on: https://www.polskieradio.pl/395/7786/Artykul/2570506,Polish-unemployment-flat-at-61-in-July-stats-office