Unemployment at 13% in April
The registered unemployment rate in Poland declined to 13 percent in April compared to 13.5 percent in March, according to data from the Central Statistical Office (GUS). The figure is in line with an estimate published by the Ministry of Labor and Social Policy earlier in May.
The number of unemployed persons amounted to 2.79 million at the end of April, GUS said.
The data clearly show that the improvement of the labor market situation is stronger in Q2, fueling consumption demand, BZ WBK economists wrote in an e-mailed comment.
They expect the downward trend to continue in the coming months and the registered unemployment rate to be at some 12 percent in the second half of the year.
