Poland's registered unemployment rate fell to 13.5 percent in May, statistics office GUS said. The figure is in line with an estimate published by the Labor Ministry earlier this month. In April, the jobless rate was 14 percent. The market had expected the rate would be slightly higher, at 13.7 percent.
In an e-mailed comment, BZ WBK economists wrote that due to severe winter weather in April, increased hiring in seasonal jobs was postponed until May this year. They also pointed to intervention from the Labor Ministry which sent some 50,000 workers to subsidized jobs and training courses.
The third factor was: “was weak inflow of new jobless claims – in May 176.2k new unemployed were registered, and this number posted a decline in annual terms for the first time since March 2012. The latter fact can be a sign of improving labour market conditions, but we should observe if this tendency is confirmed in the upcoming months,” the economists wrote.
Among Poland's voivodships, GUS said that Warmińsko-Mazurskie voivodship had the highest unemployment rate, at 20.9 percent. Kujawsko-Pomorskie (18 percent) and Zachodniopomorskie (17.7 percent) voivodships followed.
Unemployment was the lowest in the Wielkopolskie (10.1 percent), Mazowieckie (11.3 percent) and ¦l±skie (11.5 percent).
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