Cyprus

Reduction of more than 66% in the number of unemployed in May

A large decrease, exceeding 66%, was presented on an annual basis by the number of unemployed in May, which fell to 10.586 persons, based on data kept at the District Employment Offices.

According to current data from the Statistical Service, compared to May 2021 there was a decrease of 20.701 people or 66,2%.

This decrease is mainly attributed to the sectors of accommodation and catering services (decrease 5.091), trade (decrease 4.052), construction (decrease 1.396), manufacturing (decrease 1.268), transport and storage (decrease 993), as well as and the reduction of 1.617 persons in new entrants to the labor market.

Based on seasonally adjusted data, which show the unemployment trend, the number of registered unemployed in May 2022 decreased to 12.530 persons, compared to 12.653 in the previous month.

By sector, the largest number of registered unemployed in May 2022 was Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles with 1.950 persons, followed by the Activities of Accommodation Services and Catering Services, with 1.376 persons, and 977 Persons. .

Source: KYPE

Tags: Unemployment

News stream

DERINEIA: Pastry Competition with Chrysos Lefou

PASTRY MAKING COMPETITION WITH CHRYSOS LEFOU! Terms and conditions: Entries and information from…

April 29, 2024

Couple accidentally sent their cat in a package to Amazon 1.000 km away

A couple from Utah in the United States returned an Amazon order to California,…

April 29, 2024

Lakis Lazopoulos is in the hospital after a fainting episode

Lakis Lazopoulos went to the hospital after a fainting episode. According to information from the journalist...

April 29, 2024

MFA: The main goals of the economy for the 1st year of government were implemented

The main and planned objectives of the economic policy for the first year of the administration of Nikos...

April 29, 2024

FRENAROS: 130 athletes participated in the 4th Race of the 32nd Pan-Cypriot Archery Championship (PICTURES)

The 28th Match of the 2024nd Pancypriot Championship was successfully completed on Sunday, April 4, 32...

April 29, 2024

Holguin: In Brussels for meetings with Michel and Ferreira

The UN Secretary-General's personal envoy for the Cyprus issue will be in Brussels on Monday,...

April 29, 2024