Thursday, October 29, 2009

Polish unemployment up, more redundancies expected

From: Polskie Radio
Between January and September 2009 about 54,000 people lost their jobs as a result of group redundancies.
The jobless rate in Poland has increased to 10.9 percent - more as mass redundancies are expected in autumn and winter.

According to the Main Statistical Office, over 1.75 million Poles do not have a job. It is likely that unemployment rate will be even higher during the last months of 2009 and the beginning of 2010 as mass redundancies are expected then, say economists.

Between January and September 2009 about 54,000 people lost their jobs as a result of group redundancies. It is expected that additional 100,000 employees will be made redundant this autumn and winter.

“Contrary to what the government says, we still have an economic crisis, not a success story,” says Andrzej Radzikowski from OPZZ trade union.

Mass redundancies will affect mainly engineering and textile industries, as well as financial institutions