Registered unemployment 11.8% in July – analysts

Analysts surveyed by ISBnews agency expect the registered unemployment in Poland for July to be 11.8 percent. It would then be 0.2 percentage points lower than in June. In the beginning of July the Polish Ministry of Labor and Social Policy ascertained the unemployment rate to be 11.9 percent. On the other hand, deputy Minister of Labour Jacek Mięcina talked at the end July about an 11 percent unemployment rate in the July-September 2014 period and its tendency to grow, eventually amounting to 12-13 percent as of end 2014. The sample consisted of 12 analysts. The scope of their forecasts was 11.7-12 percent, with the average amounting to 11.83 percent.