Economy category powered by
Registered unemployed down 11.4% in August
15:06 - 05 September 2023
The number of registered unemployed persons decreased in August 2023, both on an annual and monthly basis, according to CySTAT.
Based on seasonally adjusted data, which reflect the unemployment trend, a decrease of 1,705 persons or 11.4% was recorded compared to August 2022. This reduction can be primarily attributed to the sectors of trade, accommodation and food services, administrative and support service activities, construction, as well as a decrease in newcomers to the labour market.
In August 2023, the number of registered unemployed persons decreased by 1.23% to 12,881 people compared to 13,042 the previous month, based on seasonally adjusted figures.
According to data maintained by the District Labour Offices, the number of registered unemployed persons at the end of August 2023 reached 13,256.
News Feed
10 hours, 26 minutes ago Companies
Thanos Michaelides: The German market may become equivalent to the UK's for Cyprus tourism10 hours, 34 minutes ago Companies
Eurobank Group to build care centre and independent living residences for people with disabilities12 hours ago Companies
Infocredit Group receives Partner Excellence Award from HostingB2B13 hours, 7 minutes ago Companies
CP Herbalist opens at Mall of Cyprus13 hours, 15 minutes ago Economy
Shipping’s future in focus at “Maritime Cyprus 2025”13 hours, 23 minutes ago Companies
Greg Kamperis: Cyprus is actively participating in the progress reflected in PMI's 2024 Integrated Report13 hours, 25 minutes ago Current Affairs
How AI is unlocking a new vital sign to advance brain health