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Unemployment rate down to 13.3% in March


The registered unemployment rate stood at 13.3% at the end of March, the Central Statistical Office (GUS) reported. This is 0.2 p.p. lower than in February and the same as in the corresponding month of the previous year.

In the analysed period, just over 2.14 million Poles were registered as unemployed, a decrease of 26,300 in relation to one month earlier and 8,000 more than in March 2011. The highest unemployment rates were noted in the voivodships of Warminsko-Mazurskie (21.1%), Zachodniopomorskie (18.5%), Kujawsko-Pomorskie (17.8%), Lubuskie and Podkarpackie (16.3%), and Swietokrzyskie (16%). The lowest rates were recorded in Wielkopolskie (10%), Mazowieckie (10.6%), Slaskie (11%) and Malopolskie (11.3%).

At the same time, GUS data again showed a sharp increase in the number of job offers submitted by employers to labour offices, to 86,900 from 60,800 in February (and compared to 83,200 in March 2011). On the other hand, there was a significant month-on-month increase in the scale of redundancy plans reported to labour offices. At the end of March a total of 303 companies were declaring plans to shed 23,600 jobs in the near future, including 7,800 in the public sector, compared with 289 firms and 22,000 jobs (6,900 in the public sector) one month earlier. On a yearly basis the figures improved, however, from 355 firms and 35,900 jobs (25,100 in the public sector) at the end of March 2011.

We predict that at the end of 2012 the official jobless rate will amount to 12.9%.

Registered unemployment rate in Poland (%), March 2011-March 2012

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