articles | 08 May 2014

Number of registered unemployed decreases in April 2014

Based on the seasonally adjusted data that shows the trend of unemployment, the number of registered unemployed for April 2014 decreased by 1,988 to 48,384 persons compared to 50,372 in the previous month.

Registered Cyprus unemployed in April 2014 reached 46,758 persons. In comparison with April 2013, there was an increase of 1,557 persons or 3.4% recorded.

These were mainly observed in the sectors of financial and insurance activities (an increase of 1.183 unemployed), public administration (+841), transportation and storage (+200), education (+186), accommodation and food service activities (+129).

For newcomers to the labour market there was an increase of 881 unemployed persons recorded.

However, it is worth noting that during the same period there was also a decrease in unemployment in the sectors of trade (a decrease of 918 unemployed), construction (-829) and manufacturing (-199). Those aged 50-59 had the highest number of jobless at 11,112 followed by those aged 30-39 on 10,269.

Source: InCyprus

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