BIEC: number of unemployed who found employment falls

The Labor Market Index (WRP), which informs in advance about future changes in the level of unemployment, increased in June for the second month in a row and the scale of the changes was bigger than a month before, the Bureau of Investment and Economic Cycles (BIEC) has reported. Experts draw attention to the small outflow from unemployment to employment.

“Usually, at this time of year there is a seasonal increase in the value of the indicator, which results from, among other things, a reduced supply of new job offers. This year’s scale of the WRP growth is smaller than last year,” the BIEC report reads.
(PAP)