Harmonized unemployment rate in Poland inches down to 9.6% in March

By bne IntelliNews May 5, 2014

Poland's harmonized unemployment rate remained inched down by 0.1pps on the month to 9.6% in March of 2014, data by EU's statistics office Eurostat showed. In annual terms, the jobless rate declined by 1.0pps.
The average jobless rate for the EU's 28 member states amounted to 10.5% in March, unchanged since December of 2013.
In Poland, there were 1,653 thousand unemployed in March of 2014, down from 1,682 thousand in February of 2014 and down from 1,833 thousand in the same month of 2013.
Based on the ILO definition, Eurostat defines unemployed as persons aged 15 to 74 who are without work, are available to start work within the next two weeks and who have actively sought employment at some time during the previous four weeks.
According to Poland's statistics office GUS, the unemployment rate - calculated on the basis of the number of the registered unemployed - was 13.5% in March of 2014, down by 0.4pps on the month.
The Premier hopes that the registered unemployment rate will decline to below 13.0% at the end of 2014.

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