Economy category powered by

Public sector employment in Cyprus up 3.3% in Q2

Total employment in the broad public sector reached 75,714 in the second quarter of 2024, marking an increase of 2,388 persons (3.3%) compared to the same period in 2023, CySTAT has announced.

Employment in the General Government sector was 70,011, while Publicly Owned Enterprises and Companies employed 5,703 people.

Within the General Government, which includes the central government, non-profit organizations, and local authorities, employment levels were 54,744, 10,680, and 4,587 respectively. The rise in central government employment—up by 2,426 persons (3.9%)—was largely driven by an increase in educational service staff following the end of service outsourcing in the Ministry of Education's support programs.

Compared to the previous quarter, overall employment in the broad public sector remained stable. However, employment in local authorities rose by 123 persons (2.8%), while slight declines were observed in central government (-0.1%) and publicly owned enterprises (-1.6%).

(Source: CNA)

Read More

Sunday in Lisboa Concept Store: A taste of Lisbon has arrived in Limassol
CBC Governor: Cypriot economy consistently resilient despite challenges
ACTE Annual General Assembly to take place on 11 February
Central Bank Governor addresses Shipping Chamber’s Monthly Members’ Meeting
Beer deliveries up in January, though exports plunge
Inflation at 2.5% in January
Pangratios Vanezis: "We want to be the change we wish to see by de-risking startup investments"
The recipients of the IN Business Supply Chain and Logistics Awards
Neocleous Tower nears completion: Limassol’s landmark office hub takes shape
payabl. becomes the exclusive community partner of the TechIsland FinPro Community