First with Polish jobless rate brightening

Reuters was first to report on April 20 that Polands Labour Ministry estimated April unemployment at around 12.5-12.6 percent, sharply down from the figure expected for March. Reuters reported that the labour market was rebounding significantly after a harsh winter froze the construction sector. The story, a sign of Polands economic recovery, was quoted on TVN CNBC, a leading economic TV channel, and on the front page of the Gazeta Wyborcza website. Local news agency PAP followed with its own story a day later. The Reuters story was picked up and analysed by analysts` notes of key banks such as Citibank, BPH and Bank Zachodni WBK.