DISCOVER POLAND

Polish unemployment drops to 9.6 percent

Polish ExpressPolish 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 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

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...

Polish Amber Ablaze

Polish Amber Ablaze

Amber, the precious fossilised tree resin known as ‘Baltic Gold’ or ‘Gold of the North’, has played a vital role in Poland’s history: from the country’s economic trade...

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...

Tri-City: Three cities, one destination

Tri-City: Three cities, one destination

Wojciech Kreft of the Pomoranian Regional Tourist Organisation talks about why Gdansk, Gdynia and Sopot offer visitors an abundance of things to see and do.

Ryanair overtakes LOT. Now is the biggest carrier in Poland

Ryanair overtakes LOT. Now is the biggest carrier in Poland

Ryanair has become the biggest carrier in Poland, overtaking Polish National Airlines (LOT). Europe's leader in the airline business noted a growth of 11 percent in seat capacity in the last year, while...

Penultimate day of Chopin Competition finals

Penultimate day of Chopin Competition finals

Three pianists are billed in the second day of the finals of the 17th International Chopin Piano Competition in Warsaw. Chopin’s other concerto – in F minor – has been chosen by only one of the ten finalists,...

Eco-Culture – Time to Think Green

Eco-Culture – Time to Think Green

Following energy-conservation during the 80s, recycling in the 90s, \'sustainability\' and \'green\' have become the big buzzwords of the 21st century. Mushrooming eco-brands, eco-services and eco-designers...

Defence Minister: Poland must rebuild army and economy

Defence Minister: Poland must rebuild army and economy

Poland should concentrate on building a stronger nation, military and economy, Defence Minister Antoni Macierewicz said on Sunday


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