Job vacancies declined by 18.9% to a total of 7,821

The number of job vacancies in the 4th quarter of 2022 decreased by 1,822 (-18.9%) compared to the same quarter of the previous year when the number was 9,643.

According to the Statistical Service of Cyprus, the number of job vacancies in the 4th quarter of 2022 reached 7.821. Compared to the 3rd quarter of 2022 the number of job vacancies decreased by 1.353 (-14,7%).

The job vacancy rate in the 4th quarter of 2022 was 1.9%, while the job vacancy rate in the previous quarter and the 4th quarter of 2021 was 2.2% and 2.4% respectively.

The highest job vacancy rates in the 4th quarter of 2022 were observed in the Sectors of Accommodation and Food Service Activities (3.0%), Water Supply, Sewerage, Waste Management and Remediation Activities (2.9%) and were followed by the Sectors of Financial and Insurance Activities, Administrative and Support Service Activities and Education with the same rate (2.5%).T