Poland's labour force survey unemployment falls to 9.1% in Q2 of 2014

By bne IntelliNews August 27, 2014

Poland's unemployment rate as measured by the quarterly Labour Force Survey (LFS) decreased in quarterly terms in Q2 of 2014 (after rising by 0.8pps q/q a quarter earlier) to 9.1% from 10.6% in Q1 of 2014, according to national stats office GUS. A year before, the rate was 10.4%.

The number of the unemployed persons decreased to 1,585 thousand from 1,846 thousand in Q1. The number of employed persons rose to 15,793 thousand (vs. total population aged 15 and above of 30,968 thousand) from 15,573 thousand a quarter earlier, while the number of economically inactive persons inched down to 13,589 thousand from 13,613 thousand, respectively.

The professional activity ratio was unchanged q/q at 56.1%, while the employment ratio increased to 51.0% from 50.2%. 

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Alior Bank to pay out PLN570mn in first ever dividend

Alior Bank will pay out a dividend of PLN570mn (€122mn) from the profit generated in 2023, the Warsaw-listed lender said on February 28. The payout is in line with recommendations of the Polish ... more

EBRD buys into Poland’s Pekao Eurobond issue

The European Bank for Reconstruction and Development (EBRD) invested €20mn in debut Eurobonds issued by the state-controlled Bank Pekao, the second-largest Polish lender by assets, the EBRD said on ... more

Four Polish lenders form consortium to finance Polsat Plus Group’s wind farm project

PKO Bank Polski, along with three other banks, has entered into a consortium agreement with Great Wind, a subsidiary of the Polsat Plus Group, a media and entertainment company, to finance the ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    9 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    6 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    4 days ago
  5. The models are wrong, climate change is accelerating faster than predicted
    1 day ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    27 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss