Projections for the Polish labor market
According to the National Bank of Poland, the outlook for improvement within the Polish labor market with remains good.
Unemployment has been nagging problem in Poland. It has remained at about 18% for a long period and has not managed to decrease.
According to the National Bank of Poland, the projections for the labor market are positive. The National Bank of Poland, after analyzing data, has found that there are more opportunities for employment than there are projections for the reduction in the number of the employees at firms in Poland.
The largest number of new work positions are projected to be in construction related industries. There are however to other factors to be considered.
First there is a large exodus of small and medium businesses from Western Europe to Eastern Europe. The laws in Western Europe as such a large number of small and medium businesses are joining the exodus , that is being led by large business, from countries such as Germany. Poland is a main beneficiary of this exodus. And it does not show any sign of abating.
Additionally Poland will be the recipient of a large amount of money from the European Union which money will be used to upgrade its road infrastructure. This will add jobs through the years 2007 to 2013. The jobs, of course will be construction industry related, but they will also benefit the economy by adding a large influx of money that will give the people in the construction industry a great deal of buying power.
But there are no positive signs for workers in the high-tech and professional industries. They continue to migrate to Western Europe where they find much higher pay and better working conditions than in Poland. There is nothing on the horizon that indicates that these people would find working conditions to be improving for them in Poland.
Polish manufacturers continue to enjoy excellent export opportunities and because of their growth are also adding people within the manufacturing sector.
The end result is that it appears that Poland will be able to support a large number of blue-collar workers but the white collar workers will continue to migrate to the west.
