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
20 minutes ago Current Affairs
President says he expects EU announcements related to the Cyprus issue in 202434 minutes ago Technology
State closely monitoring situation following cyber-attack warning34 minutes ago Current Affairs
Cyprus sends three tons of medicines and consumables to Lebanon41 minutes ago Economy
Harmonised inflation down to 1.6% in September46 minutes ago Companies
Kuwait's Ambassador welcomes Jazeera Airways decision to extend Kuwait-Cyprus route1 hour, 23 minutes ago Real Estate
Luxury real estate investment opportunities by AstroBank1 hour, 27 minutes ago Technology
CMMI launches EU-funded AXOLOTL project