articles | 14 June 2018

Economy employs 4% more workers in Q1 2018

The number of persons employed in the first quarter of 2018 rose 4%, to 391,701, compared to January to March last year, the statistical service said citing a flash estimate.

The number of employees was 343,101 and the number of self-employed was 48,600, Cystat said in a statement. The largest increase in employment was in construction, administrative and support services, art and entertainment, hospitality, and real estate management.

The actual number of hours worked in the economy in the first quarter rose to 175.9m after rising an annual 3.9%, Cystat said.

Source: Cyprus Mail

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