‘Youth unemployment drops’

Published on 26 March 2015 at 11:42

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The number of unemployed Poles below 25 years of age has dropped from 395,000 to 301,000 in the last year, according to Eurostat data quoted by Gazeta Wyborcza. In January 2014, some 26.3 per cent of Poles in this age group remained jobless, compared to 21.1 per cent today, while total unemployment also declined from 10 per cent to 8 per cent, the fastest drop in the EU.

Economists are surprised by the pace of this downward trend, as it is not accompanied by an exceptionally high GDP growth or any significant emigration wave, the daily notes, quoting an economist from Warsaw University, who attributes the trend to investments made by Polish companies in recent years.

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