The number of people out of work was 35,000 in June against 36,000 in May, and 47,000 in June 2017, Eurostat said in a statement on Tuesday. The drop in the unemployment rate in Cyprus was the largest in the EU.

The jobless rate among men and women in June was 7.6% and 8.8% respectively, Eurostat said. Youth unemployment was 22.3% in March, which is the latest available figure.

The average unemployment rate in the EU was 6.9% while that in the Euro area was 8.3% last month, Eurostat said.

The highest jobless rate was that of Greece with 20.2% followed by Spain’s 15.2% and Italy’s 10.9%, the Commission’s statisticians said.

The lowest rate was reported in the Czech Republic with 2.4% followed by Germany with 3.4% and Hungary with 3.6%.

Source: Cyprus Mail