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Unemployment to decline in February-March - expert

28th February 2014
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The unemployment rate in Poland will start declining in February and March, Artur Skiba, head of Antal Polska, told the Polish Press Agency. This will be the result of both seasonal effects and more intense business activity, he said.

Skiba stressed that this year the unemployment rate growth between December and January was smaller than in previous years. Improving economic forecasts are enough to believe that by the end of Q3 2014 the jobless rate with decline to about 12 percent, he said.

Earlier this week statistics office GUS said that the registered unemployment rate in January was 14 percent compared to 14.2 percent in December.

 

Poland A.M.


From Warsaw Business Journal


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