Poland's wage up by 0.4pct, employment down by 10.5pct y/y
February 19, 2013
Poland's average corporate gross wage measured PLN 3,680.3 in January, up by 0.4% year on year and down by 10.5% month on month, the Central Statistical Office (GUS) said on Monday.
Poland's corporate employment measured 5.51 million persons in January, as it declined 0.8% y/y and rose by 0.6% m/m.
The tie up of jobs and wages pushed the nominal corporate wage bill down by 0.4% year on year on a 10.0% monthly decline, calculations against the data showed.