articles | 30 April 2015

Unemployment drops slightly in Cyprus in March 2015

Unemployment in Cyprus fell slightly in March 2015 and stood at 16,0%, compared to 16,1% in February 2015.

The euro area seasonally-adjusted unemployment rate was 11.3% in March 2015, stable compared with February 2015 4, but down from 11.7% in March 2014. The EU28 unemployment rate was 9.8% in March 2015, stable compared with February 2015 and down from 10.4% in March 2014, according to figures published by Eurostat, the statistical office of the European Union.

Among the Member States, the lowest unemployment rate in March 2015 was recorded in Germany (4.7%), and the highest in Greece (25.7% in January 2015) and Spain (23.0%). Compared with a year ago, the unemployment rate in March 2015 fell in twenty-two Member States, increased in five and remained stable in Austria.

Source: CNA

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