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Poland unemployment rate to have declined slightly in September

Poland unemployment data fro September is due tomorrow. According to the Polish labour ministry, 126,000 job offers were reported in September which denotes growth of 8.6% yoy. 

"The unemployment rate to have decreased from 10.0% in August to 9.9% in September. The seasonally adjusted (SA) unemployment rate should be close to 10.2%. Our forecast is in line with market consensus and labour ministry data of 9.9%", estimates Societe Generale. 

Moreover, the number of registered unemployed people (1.54m) came in 22,600 lower than in August and remains at its lowest level since 2008. The unemployment rate of the country is expected to be below but close to 10.0% at the end of 2015, added SocGen.

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