World Economy

Polish Labor Market Faces Deficits

Polish Labor Market Faces DeficitsPolish Labor Market Faces Deficits

Half of Polish employers say they already face recruitment challenges which impact their companies’ development, says the latest work service report ‘Labor Market Barometer VIII.’ A third of them are struggling with personnel deficiencies, which prevents them from completing new contracts, Emerging Europe reported. Every eighth business has been forced to retreat from planned investments because of a shortage of candidates. “In the present economic situation, we see that the demand for employees exceeds the supply,” says Maciej Witucki, president at Work Service. “However, our data shows the threat the Polish economy is exposed to on a long-term basis. Without an increase in the availability of candidates, a lot of entrepreneurs may not manage,” he adds. In Q2, the Polish economy grew at 3.9% year-on-year. Within the last period industrial production also increased by 6.2%.

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