Unemployment declines to 13.9%
The registered unemployment rate in Poland declined to 13.9 percent in February compared to 14 percent in January, statistics office GUS said in a data release on Tuesday.
In an estimate released earlier this month, the Ministry of Labor and Social Policy had expected the rate to remain 14 percent.
The number of unemployed persons registered in labor offices at the end of February amounted to 2.256 million, GUS said. It declined by 4,800 compared to the end of January. In year-on-year terms the number was lower by 80,800.
Unemployment does not typically decline in February and the last time this happened in Poland was in 2008, BZ WBK economists wrote in an e-mailed comment. In the next few months they expect the jobless rate to continue declining, due to both improvement on the labor market and seasonal jobs.
