Economy category powered by

Registered unemployed down 13.5% in March y-o-y

The number of registered unemployed in March decreased by 1,920 persons or 13.5% when compared to March 2023, according to Cystat.

This decline is attributed primarily to several key sectors, including financial and insurance activities, construction, trade, accommodation, and food service activities, as well as a reduction in new entrants to the labour market.

The total number of unemployed persons registered at the District Labour Offices on the last day of March 2024, reached 12,277

Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for March 2024 decreased to 11,476 persons in comparison to 11,614 in the previous month.

Read More

Unlocking the future of shipping at the Maritime Cyprus 2025 Conference
€18.8m EU co-financing creates new phase in Vassiliko port development
A spotlight on each sector's job vacancies and the industry with no available positions
Ministry of Agriculture: Cyprus reaffirms cooperation with FAO on climate change
Cyprus current account deficit widens in Q1 2025 according to CBC data
Cyprus unemployment drops to fifth lowest in EU at 3.6%
Ministerial decree establishes National Mechanism for the Control of Foreign Direct Investments
Τhis year is pivotal for Cyprus’ tourism, President Christodoulides says
Increase in revenues and contained spending in Cyprus’ state budget by May
CBC: Net demand for business loans rises in Cyprus for the first time since 2021