Poland: Unemployment Shrinks

BusinessEconomy ♦ Published: August 25, 2012; 14:32 ♦ (Vindobona)

In July, Poland´s unemployment rate was down by 0.1 percentage points, the Polish Central Statistical Office reported.

Poland: Unemployment Shrinks / Picture: © Vindobona.org

Against June 2012, the official unemployment rate declined by 0.1 percentage points. At the end of July, 1,953,000 persons werwe officially unemployed. Compared to July 2011, unemployment decreased by 6.4%.

For Poland´s economy, the chronically high unemployment rate remains the weak point. Last year, the unemployment quota came at 12.4%. As economic growth begins to flatten, an…