The unemployment rate in Poland

26.01.2015 //

Ministry of Labour and Social Policy has published data on the unemployment rate in Poland. The registered unemployment rate at the end of December 2014 was the lowest since 2008 and reached 11.5%.

After 5 years of constant increase of unemployment, at the end of 2014, for the first time, the unemployment rate reached the level lower than at the end of a previous year. In 2014, the number of unemployed fell by 332,100 y/y (decrease by 15.4%), while in 2013 it went up by 21,100 y/y. Compared to November 2014, in the two provinces (Dolny Śląsk and Śląsk) the number of unemployed decreased, while other 14 regions recorded an increase in unemployment.

According to experts, the decline in the number of unemployed in 2014 was due to the economic recovery in Poland, which was reflected in the higher rate of growing GDP.

Source: PAIiIZ