Economy category powered by

Registered unemployed persons down 10% annually in July

07:48 - 06 August 2024

Economy Reporter

The number of unemployed persons, registered at the District Labour Offices on the last day of July 2024, reached 11,877 persons, recording a drop of 9.9% or 1,310 persons, compared to July 2023, according to data published by CySTAT.

This annual decrease is attributed mainly to the sectors of financial and insurance activities, trade, construction, accommodation and food service activities, as well as to the decrease recorded for newcomers in the labour market.

Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for July 2024 reached 11,109 persons remaining at the same level in comparison to the previous month.

(Source: CNA)

News Feed

Read More

Cyprus’ job vacancy rate remains at 3.0% in Q2 2024
Public sector employment in Cyprus up 3.3% in Q2
The scale of economy exceeds current demographic potential, Labour Minister says
Upgrading maritime education of primary importance, Deputy Minister says
President Christodoulides sees progress in GSI talks and interest from other countries
January-August 2024: Highest passenger traffic ever recorded in Cypriot airports
Israel's Energy Minister Eli Cohen emphasises GSI project's importance to country
Michalis Panayides: Acquisitions and mergers are a new trend in the supermarket industry
Government employment up 3.9% in January-August 2024
The local business sectors with the highest unemployment