This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Poland's Jobless Rate Rises To 14.2 Percent

WARSAW, Poland (AP) â¿¿ Official figures show Poland's unemployment rate rose to 14.2 percent in January from 13.4 percent in the previous month.

The figure, released Monday by the Central Statistical Office, comes as the country is seeing a slowdown in its once-strong economy. Some job losses, however, are also typical in winter, when work in agriculture and construction declines due to cold weather.

Other data released Monday gave a more positive signal about the economy, showing that retail sales rose by 3.1 percent year-on-year in January. The head of the central bank, Marek Belka, was quoted in the Polish media as saying that could be a sign the economy is rebounding.

Poland's economy grew 2 percent last year and economists expect slightly weaker growth this year.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs