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.
Poland broke EU law by increasing logging in the ancient Bialowieza Forest under a pretext of fighting spruce beetle, the Court of Justice of the European Union (CJEU) ruled on April 17. The ... more
Standard and Poor’s raised its outlook for Poland from stable to positive on April 13, while maintaining the country’s rating at BBB+. The raising of the outlook is based on ... more
Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more