Ministry estimates Poland's registered unemployment rate flat at 14.0% in February

By bne IntelliNews March 11, 2014

Poland's registered unemployment rate amounted to 14.0% at the end of February of 2014, i.e. it remained unchanged on the month, according to the labour ministry's preliminary estimates, based on job centres' data. Minister of labour Wladyslaw Kosiniak-Kamysz said that this is this year's peak and reaching the level of 13.0% at the end of this year (as pledged earlier by the PM) seems to be more and more within reach.
The ministry also said that this was the first February since 2008 that saw the number of the unemployed decline (by 3.7 thousand to 2,257 thousand). In February of 2013, the number of the jobless increased by 41 thousand and in February of 2009 - by 84 thousand.
Kosiniak-Kamysz announced the beginning of a revival on the labour market - he pointed out that already in January, the number of the unemployed registered at job centres was down by 35 thousand on the year, while in February, this difference expanded to nearly 80 thousand.
Under the 2014 state budget law, the jobless rate is expected at 13.8% in December of 2014, but PM Donald Tusk hopes that it will ease to below 13.0%.


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