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12° Nicosia,
12 August, 2022
 

Unemployment down 53.8% from last year, but up 16.5% from last month

The discrepancy in the number of registered unemployed is due to seasonal variations mainly in the accommodation and food service sectors

Source: CNA

The number of registered unemployed persons at the end of June 2022 decreased by 53.8% compared to June 2021, based on (actual) data kept at the Provincial Labour Offices, falling to 12,332.

Compared to the previous month, the number of registered unemployed persons at the end of June 2022 increased by 1,746 persons or 16.5%.

According to the Statistical Service, based on data corrected for seasonal variations, which show the unemployment trend, the number of registered unemployed persons in June 2022 increased to 13,319 persons, compared to 12,956 in the previous month.

Moreover, based on actual data, compared to June 2021, there was a decrease of 14,362 persons or 53.8% attributed mainly to accommodation and food services (decrease of 3,222), trade (decrease of 3,015), construction (decrease of 947), manufacturing (decrease of 871), transport and storage (decrease of 733), as well as a decrease of 1,153 persons in new entrants to the labor market.

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