Poland has lowest unemployment rate in EU: Eurostat

The latest data from the European Union's statistical office, Eurostat, shows that 3.1 percent of Poles were unemployed in January. The average rate of unemployment throughout the EU stood at 7.3 percent.

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For a long time, the Czech Republic had the lowest unemployment rate in the EU. However, in January, Poland’s unemployment rate dropped by 0.1 of a percentage point. All members of the Visegrad group have a factor below 5 percent.

Unemployment rates divided by gender show that the female unemployment rate (2.9 percent) is lower than male’s (3.3 percent). Only Poland's youth unemployment rate (under 25 years old) is higher compared to other European countries, at 14.3 percent.

Eurostat data differ from those provided by the Statistics Poland (GUS), because of a different calculation methodology. Eurostat unemployment is defined as “unemployed people aged between 15 and 74 who are without work, are available to start work within the next two weeks and have actively sought employment at some time during the previous four weeks.” According to GUS, unemployment in January in Poland was at a level of 6.5 percent.

Eurostat data for the entire EU revealed that the Netherlands were in third place, where 3.6 percent of citizens were unemployed. The worst situation on the labour market was in Greece and Spain, where unemployment exceeded 16 percent and are the only countries in the EU with double-digit unemployment figures.