Overall Score

4.8 in 2015 4.9
0 2.5 5 7.5 10

Key Finding

Despite the worsening of the economic outlook, increasing rates of economic participation are pushing down the overall Index score. However, Poland’s overall score is roughly unchanged on the year, as job vacancies and labour market regulations exert some upward pressure.

BREAKDOWN OF SEVEN INDICATOR SCORES

Scores
0 2.5 5 7.5 10
Education
flexibility
4.8
Labour market
participation
4.5
Labour market
flexibility
6.8
Talent
mismatch
5.2
Overall wage
pressure
4.1
Wage pressure in
high-skill industries
5.2
Wage pressure in
high-skill occupations
2.7

COUNTRY OVERVIEW

View from the ground

Poland has maintained solid growth and a record low unemployment rate, which is a strong foundation for further economic development. The key is to support the transition towards an economy based on advanced technologies and skills, so that the gap between Poland and the strongest economies in the European Union becomes even smaller. A major challenge is the number of people ready to join the workforce, this can be improved through immigration policy and pro-family programmes (such as The Family 500+). The situation will only worsen with a further decline in unemployment. Another key challenge for Poland is the need for the education system to adapt and be flexible to the rapidly changing needs of the labour market.

Paula Rejmer, Managing Director Perm, Hays Poland

Country Profile

Poland is currently experiencing a deceleration from the very strong 2015 growth rates, as expected given the expiration of the EU 2007-2013 funding programme.

Last year’s growth was supported by the tightening of the labour market, low oil prices, accommodative fiscal and monetary policies and strong credit growth.

In 2016, we expect sustained improvement in the labour market, accompanied by solid earnings growth and a further fall in the unemployment rate.

Paula Rejmer, Managing Director Perm, Hays Poland

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