In the report, released recently, the service noted that unemployment at the same time in 2018 was at 7.8%.

According to the results of the Labour Force Survey by the statistical authority, the labour force in the third quarter of 2019 amounted to 447,206 persons or 63% of the population (males 69.5%, females 56.9%), compared to 442,456 persons (63.1%) in the corresponding quarter of 2018.

The number of employed persons was 417,118 in comparison with 407,728 persons in the corresponding quarter of 2018.

The number of unemployed persons amounted to 30,088 with an unemployment rate of 6.7% of the labour force, compared to 34,728 persons (7.8%) in the same quarter last year.

For the 20-64 age group, the employment rate was 75.7%, while for the 55-64 age group, the rate was 61.7%.

According to the distribution of employment by sector, the biggest percentage of employed persons was in services (78.8%), followed by manufacturing (18.9%) and agriculture (2.3%).

The share of part-time employment to total employment was 10.6% or 44,241 persons. The corresponding rate for the third quarter of 2018 was unchanged at 10.6%.

For young persons aged 15 to 24, unemployment stood at 15.6%, down from 17% in the corresponding quarter of last year.

As far as the duration of unemployment is concerned, 57.8% of the total unemployed persons were out of a job for a period of less than 6 months, 11.3% for a period of 6-12 months, whereas a percentage of 30.9% were long-term unemployed. The corresponding rates for the third quarter of 2018 were 54.5%, 13.4% and 32.1%, respectively.

Source: Cyprus Mail