Unemployment in Cyprus fell to 7.6% in the 4th quarter of 2018, from 7.8% in the 3rd quarter, according to the labour force survey by the Statistical Service.
The labour force in the 4th quarter of 2018 numbered 440,765 or 62.5% of the population (males 68.5%, females 57.0 %) in comparison with 428,291 or 61.6%, in the corresponding quarter of 2017. The number of employed persons was 407,382 and the employment rate 57.8% (males 63.3%, females 52.7 %) in comparison with 384,911 or 55.3%, in the corresponding quarter of 2017. The number of unemployed persons amounted to 33.383 and the unemployment rate to 7.6% of the labour force (males 7.5%, females 7.6%) in comparison with 43,380 persons (10.1%) in the corresponding quarter of 2017. Source: Cyprus Mail
