Poland: Unemployment Quota Above 14%

BusinessEconomy ♦ Published: February 8, 2013; 19:34 ♦ (Vindobona)

In January, Poland´s unemployment quota came at 14.2%, the Polish Ministry of Labor says.

Poland: Unemployment Quota Above 14% / Picture: © Flickr

From December to January, the unemployment quota rose further. The month-on-month increase reached 0.8 percentage points. The increasing unemployment is mainly based on the stagnating consumption and the significant slowdown in domestic and foreign direct investments. This year, the expected economic growth for Poland is 1.5%. In order to stop the economic slowdown, Poland´s National…