Unemployment may decline further

Poland’s registered unemployment rate did not rise in October and it may have declined, Labor Minister Władysław Kosiniak-Kamysz was quoted as saying by the Polish Press Agency (PAP). “We hope that the good PMI result will translate into a positive trend,” Kosiniak-Kamysz said. Deputy Labor Minister Jacek Męcina earlier told PAP that a further decline of the unemployment rate was possible in October. According to data from the Central Statistical Office, the registered unemployment rate in September was 11.5 percent compared to 11.7 percent in August.