Poland's registered unemployment rate remains at 13.0% in October

By bne IntelliNews November 8, 2013

Poland's registered unemployment rate amounted to 13.0% at the end of October, i.e. did not change vs. the previous month, according to the labour ministry's preliminary estimates, based on job centres' data.
At the end of October, the number of the unemployed reached 2,076 thousand people registered at job centres. Thus, it was down by 6.7 thousand on the month. A year ago, the number of unemployed rose by 15.9 thousand people.
Labour minister Wladyslaw Kosiniak-Kamysz noted that the number of registered unemployed fell by 260 thousand people during the last eight months vs. 173 thousand a year earlier. These results as well as other positive signals from the Polish economy allow to hope that the worst is over on the labour market.
The next year's budget draft stipulates that the registered unemployment rate will be 13.8% at the end of both 2013 and 2014. However, the ministry's representatives said they expect the December of 2013 figure to be below 13.8%.

Related Articles

Poland’s PKN Orlen launches offer to delist Czechia’s Unipetrol

Poland’s state-controlled oil and gas company PKN Orlen has launched an offer to take over Czech refiner Unipetrol, the Polish company said on December 13. PKN Orlen said it will go through with ... more

Poland passes partial ban on Sunday retailing

The Polish parliament on November 24 passed a bill that bans retailing on the first and last Sunday of each month. The passing of the law – which still has to be reviewed by the Senate and ... more

European Parliament calls for use of “nuclear option” against Poland

The European Parliament adopted a resolution on November 15 calling on the EU Council to launch the so-called “nuclear option” against Poland to punish Warsaw for its alleged abuse of the ... more