articles | 03 August 2016

Cyprus' unemployment drops 14.4% in July 2016

The number of registered jobless people recorded a 14.4% year-on-year drop in July 2016, the statistical service said recently.

Based on the data, the number of registered unemployed at the end of last month was 36,112 people.

Seasonally adjusted data showed that the number of registered unemployed dropped to 37,162 in July this year compared with 37,681 the previous month.

On an annual basis, unemployment in July fell by 14.4%, or 6,064 people, mainly in the construction, trade, accommodation, manufacturing, public administration, transport, and newcomer sectors.

Source: Cyprus Mail

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