Accordingto figures released, the number of registered unemployed persons reached 50,240 as of last day in February.
The number of registered unemployed persons after seasonality adjustments for the month of February dropped to 45,668 persons from 45,741 in the previous month.
The Statistical Service said on Wednesday that compared with February 2014, there were 2,964 fewer unemployed people mainly in construction, trade, manufacturing, financial and insurance activities, professional jobs and newcomers in the job market.
An increase in unemployment was reported in accommodation and food service sectors (of 1,419 more unemployed persons) and public administration (increase by 470).
Source: InCyprus
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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