Poland’s unemployment rate in October seen down to 9.6% vs 9.7% in September

Poland’s unemployment rate in October likely declined by 0.1 ppt m/m to 9.6%, the Labor Ministry estimates showed.

The number of registered jobless at end-October stood at 1.518 mln, down by 21.1k m/m, the ministry said.

Employers filed 112k job offers in October, up by 13.9k y/y.

Poland’s unemployment rate is expected to stabilize in November versus the 9.6% level in October and edge up slightly in December but still remain a single-digit level at the end of the year, Labor Minister Wladyslaw Kosiniak-Kamysz told a news conference.

“In November we should see stabilization of the unemployment rate, while in December a slight increase is possible,” Kosiniak-Kamysz said. “Therefore at year-end it [unemployment rate] should be single-digit.”

The Ministry estimates that unemployment rate in October likely declined by 0.1 ppt m/m to 9.6%. “We cannot speak of seasonality of this decline because it is usually a month when unemployment is rising,” Kosiniak-Kamysz commented.

nik/ gty/ krba

Share this post

TOP