In January, Poland´s unemployment quota came at 14.2%, the Polish Ministry of Labor says.
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 Bank (NBP) has cut the
interest rate four times in a row.
The Ministry underlines that the rising unemployment has seasonal
reasons. At the end of the year, Poland´s Ministry of Labor expects an
unemployment quota of 13%.
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