articles | 04 January 2019

Decrease of 16.7% in unemployment in December 2018

The unemployed persons, registered at the District Labour Offices on the last day of December 2018, reached 29,800 persons.

Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for December 2018 decreased to 23,929 persons in comparison to 24,589 in the previous month.

In comparison with December 2017, a decrease of 5,971 persons or 16.7% was recorded which was mainly observed in the sectors of trade (a decrease of 1,193 unemployed persons), public administration (a decrease of 1,137), accommodation and food service activities (a decrease of 794), manufacturing (a decrease of 607), construction (a decrease of 529), education (a decrease of 189) and to newcomers in the labour market (a decrease of 1,521).

Registered Unemployed

The number of registered unemployed concerns the persons aged 15 years and over who apply at the District and Local Labour Offices of the Department of Labour to seek employment and are registered as unemployed. These persons have to be able and available for work and must be actively looking for one. The monthly number of registered unemployed concerns the persons who during the last day of the month have an active application for seeking employment.

The number of registered unemployed does not included self-employed or persons who seek part-time employment as well as persons who seek employment in certain areas or for a specific employer.

Source: InCyprus


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