Polish unemployment down to 4.9% in October: stats office

Unemployment in Poland dropped to 4.9 percent in October, from 5 percent in September, the country’s statistics office reported on Wednesday.

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The reading was 0.1 percentage point lower than an earlier estimate of 5 percent by the labour ministry.

There were around 765,500 people without jobs across the nation at the end of October, down from 769,600 a month earlier, according to the state-run Statistics Poland (GUS) agency.

The #Registered Unemployment Rate at the end of October 2024 was 4.9%, lower than at the end of September 2024 (5.0%).

Read more about the #LaborMarket in #StatisticalBulletin 10/2024: https://t.co/5e6QqcUkXI#StatisticsPoland #statistics #unemploymentRecorded #unemployment pic.twitter.com/N5oB8w4To5

— Statistics Poland (@StatPoland) November 27, 2024

The statistics office reported earlier this week that employment in Polish companies decreased by 0.5 percent in October on average in year-on-year terms.

According to the European Union's Eurostat statistics agency, which uses a different methodology, unemployment in Poland stood at 2.9 percent in September, marking the second-lowest rate in the 27-nation bloc.

(gs)

Source: IAR, PAP