Labour Fund as a financing instrument of labour market policy in Poland against the background of economic crisis

Abstract

The paper aims at the analysis of the consequences of the current economic crisis on the public finance in Poland. In particular, it is focused on the financing system of labour market policy instruments. Labour Fund is the main source of financing both active and passive labour market policy in Poland. Employees contribute to the Fund creating the budget focused on alleviating the negative consequences of being unemployed and financing employment programmes for job seekers. It the wake of economic crisis, the risk of becoming unemployed is higher which bears consequences for public finance and puts pressure on rational management of the Labour Fund resources.