CYPRUS: Registered unemployed dips to a nine-year low

Based on seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for March decreased to 23,797 from 24,095 in the previous month. This figures marks a nine-year low.

Registered unemployed in Cyprus reached 26,508 persons in March, according to official data.

Compared to March 2018, a decline of 4,108 persons or 13.4% was recorded which was mainly observed in the sectors of trade (a decrease of 903), public administration (-585), construction (-550), manufacturing (-366), education (-176), accommodation and food service activities (-131). And for newcomers to the labour market there was a fall of 1,468.

The number of registered unemployed are people aged 15 and over who seek employment and are registered as unemployed.

These persons have to be able and available for work and must be actively looking for a job.

The number of registered unemployed does not included self-employed or persons who seek part-time employment as well as those who seek employment in certain areas or for a specific employer.

Source: The Financial Mirror

CYPRUS: Registered unemployed dips to a nine-year low

Based on seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for March decreased to 23,797 from 24,095 in the previous month. This figures marks a nine-year low.

Registered unemployed in Cyprus reached 26,508 persons in March, according to official data.

Compared to March 2018, a decline of 4,108 persons or 13.4% was recorded which was mainly observed in the sectors of trade (a decrease of 903), public administration (-585), construction (-550), manufacturing (-366), education (-176), accommodation and food service activities (-131). And for newcomers to the labour market there was a fall of 1,468.

The number of registered unemployed are people aged 15 and over who seek employment and are registered as unemployed.

These persons have to be able and available for work and must be actively looking for a job.

The number of registered unemployed does not included self-employed or persons who seek part-time employment as well as those who seek employment in certain areas or for a specific employer.

Source: The Financial Mirror