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Poland's unemployment rate dips to 12.4 per cent
Published in Saudi Press Agency on 24 - 07 - 2007

Poland's unemployment rate fell to 12.4 per cent in
June from 13 per cent in May, representing a 3.6 per cent year-on-
year decline from 16 per cent in June 2006, DPA QUOTED the Central Statistical
Office (GUS) as saying Tuesday.
The June rate represented 1.895 million unemployed - 1.107 million
of them women - and a drop of 90,000 from the previous month. The
year-on-year unemployment drop between June 2006-7 stood at 592,500
working-age Poles.
Poland's labour market has undergone enormous change since the
country's 2004 entry into the European Union.
Up to an estimated 2 million Poles have looked for better-paid
work in Western Europe, leaving labour gaps, particularly in the
booming construction sector.
Despite Poland's relatively high rate of unemployment as compared
to other EU states, Polish contractors complain they have too few
working hands to meet demand.
Last week Poland eased labour restrictions on citizens of non-EU
Ukraine, Russia and Belarus in the hope of attracting workers to fill
in the gaps left by the ongoing muscle drain.


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