Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% in the same period and are estimated at 207,154, according to data published by the Statistical Service.
Of the 458,706 persons employed, 408,922 are employees and 49,786 are self-employed.
According to the official data, the most significant percentage increases were observed in the economic activities of accommodation and food services, information and communication, real estate activities and wholesale and retail trade; repair of motor vehicles and motorcycles.
In actual hours worked for the second quarter of 2022, the most significant percentage increases were observed in the economic activities of accommodation and food services, arts, entertainment and recreation, other service activities, real estate activities and administrative and support service activities.
Source: Knews
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