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%.

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