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Number of unemployed persons down 9.6% in May 2025 y-o-y

07:45 - 05 June 2025

Economy Reporter

The number of unemployed persons registered at the District Labour Offices on the last day of May 2025, reached 7,378 persons, recording a drop of 9.6%, compared to the same month of 2024, according to data published by CySTAT.

Based on the seasonally adjusted data, which reflects the trend of unemployment, the number of registered unemployed for May 2025 decreased slightly to 9,708 persons, in comparison to 9,729 in the previous month.

In comparison with May 2024, a decrease of 781 persons or 9.6% was recorded. This decrease is mainly attributed to the sectors of financial and insurance activities (405, down from 574), construction (426, down from 555), education (263, down from 373), and manufacturing (458, down from 537).

The largest decrease was recorded in the number of newcomers in the labour market (2025: 297, 2024:509).

(Source: CNA)

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