DISCOVER POLAND

Polish unemployment drops to 9.6 percent

Polish Express
Polish Express logo

Polish unemployment drops to 9.6 percent

The rate of joblessness in Poland dropped in October to 9.6 percent, in line with expectations.

The figure stood at 9.7 percent the previous month, according to the Central Statistical Office (GUS). In October, as many as 1.52 million Poles were unemployed, GUS said. “[The drop] might actually be a trend because the fundamentals of the Polish economy look really positive and stable so the labour market is also tightening.

This could put pressure on wage growth, and therefore on inflation, which could be a positive factor for the monetary policy, and for the złoty [Polish currency] and a rate cut could be unnecessary,” Adam Puchalski, an analyst from X-Trade Brokers told Radio Poland. (rg/rk)

thenews

Chcesz się z nami podzielić czymś, co dzieje się blisko Ciebie? Wyślij nam zdjęcie, film lub informację na: [email protected]

Chcesz na bieżąco czytać o wydarzeniach w UK? Pobierz aplikację Polish Express News na Androida i iOS.
Materiał chroniony prawem autorskim. Kopiowanie i publikowanie wyłącznie za zgodą wydawcy.


Podobne artykuły

fot. Getty

A new amazing spot – Krakow is the city like no other!

Krakow will be the host of the 41st Session of the UNESCO WORLD HERITAGE COMMITTEE! Watch the promotional video and discover the beauty of Poland's former capital!

Warsaw’s Love Affair With Sushi

Warsaw’s Love Affair With Sushi

Sushi is popular in Poland’s urban centers. Seriously popular. An informal study of Warsaw magazines reveals that about 10% of all the city’s restaurants sell it – and even then you probably...

Klodzko: Hillside Charm

Klodzko: Hillside Charm

Kłodzko is a delight for the eyes: its Old Town is perched on a rambling hillside, surrounded by winding, steep streets. Overhanging houses and Gothic architecture give this small town a wild, romantic...

Łódź – From Gloom to Boom

Łódź – From Gloom to Boom

Łódź, the once-hardy industrial heartland of Poland has quickly grown out of its rust-filled roots to become one of the most rapidly evolving areas of the country. Rocking to the rhythm of high-speed development,...

Poznan: Decadent Ease

Poznan: Decadent Ease

For those interested in a unique cultural experience, Poznań, home of the prestigious International Wieniawski Violin Competition, may be the answer. Cultural and cosmopolitan, with an award-winning shopping...

Kazimierz Rising

Kazimierz Rising

Formerly Kraków’s Jewish quarter, Kazimierz’s soul was ripped out of it during WWII, when it was first used as a ghetto, then was steadily emptied as its inhabitants were sent off to the gas...

Enjoy Polish Traditional Dishes

Enjoy Polish Traditional Dishes

Entering a Polish home, whether you are an old friend or a stranger, you will be greeted with warm hospitality and a sumptuous meal. \"Guest in the home, God in the home\", as the old Polish proverb says....

Passengers wait as all flights were cancelled at the Frederic Chopin international airport in Warsaw on April 16, 2010. Poland pushed ahead Friday with plans for the weekend funeral of president Lech Kaczynski despite a volcanic ash cloud that has disrupted air traffic and threatens the arrival of foreign leaders. AFP PHOTO /JOE KLAMAR (Photo credit should read JOE KLAMAR/AFP/Getty Images)

LOT, polish national airline to strike on Thursday

A strike planned for Thursday by the staff of Polish national airline LOT could cost the company millions, the company’s acting CEO said. CEO Marcin Celejewski said that the strike by the cabin crew could...


Ta strona używa plików cookie. Kontynuując przeglądanie witryny, wyrażasz zgodę na ich używanie przez nasz serwis. Dodatkowo kiedy odwiedzasz naszą stronę, wstępnie wybrane firmy mogą odczytywać i korzystać z określonych informacji zapisanych na Twoim urządzeniu, aby wyświetlać odpowiednie reklamy bądź spersonalizowane treści. Dowiedz się więcej.OK