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Eurostat: The lowest unemployment rate in seven years

12:25

The seasonally adjusted unemployment rate in Poland stood at 6.8 percent in February 2016, compared to 6.9 percent in January 2016 and 8 percent in February 2015, according to data released by the EU statistics office, Eurostat. It is the lowest unemployment rate since October 2008. As for the entire EU, the unemployment rate stood at 8.9 percent. An unemployed person is defined by Eurostat, according to the guidelines of the International Labor Organization, as someone aged 15 to 74 without work during the reference week, who is available to start work within the next two weeks and who has actively sought employment at some time during the last couple of weeks. The unemployment rate is the number of people unemployed as a percentage of the labor force.

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