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Unemployment rate rises to 12.5% in December


The registered unemployment rate stood at 12.5% at the end of December, the Central Statistical Office (GUS) reported. This is 0.4 p.p. higher than in November and 0.1 p.p. higher than in the corresponding month of the previous year.

In the analysed period, just over 1.98 million Poles were registered as unemployed, an increase of 67,700 in relation to one month earlier and of 28,000 versus December 2010. The highest unemployment rates were noted in the voivodships of Warminsko-Mazurskie (20.1%), Zachodniopomorskie (17.5%), Kujawsko-Pomorskie (16.9%), Podkarpackie (15.7%), Lubuskie (15.4%) and Swietokrzyskie (15.3%). The lowest rates were recorded in Wielkopolskie (9.2%), Mazowieckie (9.9%), Slaskie (10.1%) and Malopolskie (10.5%).

GUS data also showed a sharp fall in the number of job offers submitted by employers to labour offices, to 35,100, from 44,900 in November and compared with 44,800 a year earlier.

At the same time, there was a substantial decline in the scale of redundancy plans reported to labour offices. At the end of December 2011, a total of 344 companies were declaring plans to shed 24,200 jobs in the near future, including 7,900 in the public sector, compared with 464 firms and 31,000 jobs (15,000) one month earlier and 315 firms and 43,200 jobs (29,800) at the end of December 2010.

We forecast that at the end of 2012 the registered unemployment rate will amount to 12.9%.

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