WARSAW: Poland’s unemployment rate in May likely fell to 10.8% from 11.2% in April and should fall to a single-digit value in the summer months as well as at end-year, the Labor Ministry said.
“These data show that the recovery on the labor market is durable,” Labor Minister Wladyslaw Kosiniak-Kamysz told reporters. “It’s a signal that these assumptions of a single-digit rate at end-2015 are realistic.” “Everything indicates that in the summer holiday period unemployment will fall to a single-digit value,” Kosiniak-Kamysz also said.
The number of registered jobless in May fell by 77,900 month on month and by 282,400 year on year to the level of 1.704 million, the ministry said. Employers filed 120,900 job offers in the period, up by 9.7k m/m. Regions struggling with the highest unemployment are enjoying the strongest declines in unemployment rate, which the ministry calls “very positive signals.”
