Poland's unemployment rate increased by two percentage points in November to 17.6%
Published:
22 December 2003 y., Monday
Poland's unemployment rate increased by two percentage points in November to 17.6%, the national statistics office said on Friday, after slipping for the past few months from record levels.
It said almost 3.1 million people in the country of 38.3 million inhabitants were out of work in the month.
In February the unemployment rate had hit a record level of 18.8 percent in the biggest country on course to join the European Union on May 1.
It dropped to 18.7% in March, before starting to slide from the record levels in April and ending at 17.4% in October.
Unemployment rose sharply in the mid-1990s after a period of strong growth after the fall of communism in 1989.
In preparing its EU membership and restructuring its economy, Poland was forced to shed hundreds of thousands of jobs in the mining, steel and shipbuilding industries, as well as in the areas of education and health.
Analysts expect an upturn in unemployment at the end of the year to 17.75% of the active population.
Šaltinis:
AFP
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
AB Bank SNORAS, being the patron of the “Partnership Leader” nomination of the International trading palace ICC Lietuva (hereinafter - ICC Lietuva), this year initiated a special prize - “Business Ambassador”.
more »
Tremont Capital Group, an ATM-industry consultancy that works closely with the ATM Industry Association, has released its 2009 ATM Industry Fact Sheet, which summarizes the history and current state of the ATM industry.
more »
The renowned magazine “Global Finance” has named the UniCredit Group as the “Best Trade Finance Provider 2009” in CEE, Austria and Poland as well as “Best Bank for Payments & Collections in CEE 2009”.
more »
AB Bank SNORAS group, which comprises AB Bank SNORAS, AB “Latvijas Krājbanka” operating in Latvia and 19 other companies, during last year, according to unaudited data, earned LTL 41.7 million profit.
more »
At a meeting this week, Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation.
more »
The country’s residents wish to have a clear understanding of financial services they use and are ready to make their final decision only when the advantages or disadvantages of each option is evident to them.
more »
Thales UK`s naval business recently announced the signature of an important sub-contract with Swedish company Polyamp AB for the supply of mine warfare degaussing systems for its new Lithuanian warship reactivation programme.
more »
Hundreds of anxious depositors are rushing to pull out their money from banks affiliated with the Texas billionaire Allen Stanford accused of fraud.
more »
VAT cuts for things like household repairs, care services, audio books and beauty treatments are likely to be backed by MEPs on Thursday.
more »
MEPs are calling for tough new measures to be taken against whaling.
more »