12° Nicosia,
04 October, 2023
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Unemployment rate up in November

The increase was recorded both monthly and annually

Source: CNA

November saw a rise in unemployment on a monthly and yearly basis.

The Statistical Service reports that as of the end of November 2022, there were 15,309 people who were officially unemployed, based on information stored at the Provincial Labour Offices.

According to data that has been corrected for seasonal fluctuations and shows the trend of unemployment, the number of registered unemployed in November 2022 increased to 14,121 from 13,768 the previous month.

There was an increase of 1,332 people, or 9.5%, compared to November 2021, owing primarily to accommodation and food service activities (up 889), financial and insurance activities (up 397), transportation and storage (up 81), public administration and defense (up 80), and information and communication (up 60).


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