Unemployment in Cyprus in the third quarter of 2018 amounted to 7.8% marking a reduction of 18.7% compared with the respective period of 2017, Cyprus Statistical Service said recently.
According to Cystat, the number of unemployed persons in the period of July – September declined to 34,728 with unemployment in Men amounting to 7.1% and in Women to 8.7%.
Compared with the second quarter of the year, the number of unemployed persons increased by 8.9%, reflecting on seasonal changes in unemployment. In the first quarter unemployment amounted to 10.1% compared with 10.1% in the last quarter of 2017.
According to the Labour Force Survey, Cyprus labour force in the third quarter of 2018 rose to 442,456 persons or 63.1% of the population compared with 429,128 in the respective period of 2017.
Source: CNA
