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Unemployment at 12.9% in November


2012-12-21



The registered unemployment rate stood at 12.9% at the end of November, the Central Statistical Office (GUS) reported. This is up by 0.4 p.p. over October and 0.8 p.p. higher than in the corresponding month of the previous year.

In the analysed period, nearly 2.06 million Poles were registered as unemployed, an increase of 63,300 in relation to one month earlier and of 143,200 compared with November 2011. The highest unemployment rates were noted in the voivodships of Warminsko-Mazurskie (20.4%), Zachodniopomorskie (17.4%), Kujawsko-Pomorskie (17.3%), Podkarpackie (15.6%), Swietokrzyskie (15.2%) and Lubuskie (15.1%). The lowest rates were recorded in Wielkopolskie (9.5%), Mazowieckie (10.5%), Slaskie (10.8%), and Malopolskie (11.1%).

At the same time, GUS data showed a sharp decline in the number of job offers submitted by employers to labour offices as compared with October, though on a yearly basis the figure represented an increase (49,100 offers, compared with 67,500 the month before and 44,900 in November 2011).

There was also an increase in redundancy plans, particularly on an annual basis. At the end of November 553 entities were declaring an intention to shed a total of 38,600 jobs, including 9,500 in the public sector. By way of comparison, at the end of October the figures were 534 entities, 37,900 jobs and 9,800 in the public sector. At the end of November 2011 they were, respectively, 464, 31,000, and 15,000.

We forecast that at the end of 2012 the official jobless rate will be 13.3%.

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



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