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Kalogerou: Cyprus is an Ideal Destination for Startups and Tech Companies

CIBA Appoints Doxia Nikia as New President

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ECONOMY

Cystat: Unemployment Decreases by 6.1% in December 2016

Cystat: Unemployment Decreases by 6.1% in December 2016

The unemployed persons, registered at the District Labour Offices on the last day of December 2016, reached 41,852 persons. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for December 2016 decreased to 38.378 persons in comparison to 38,406 in the previous month.

 

In comparison with December 2015, a decrease of 2,698 persons or 6.1% was recorded which was mainly observed in the sectors of construction (a decrease of 1,088 unemployed persons), manufacturing (a decrease of 575), trade (a decrease of 426), public administration (a decrease of 425), transportation (a decrease of 356) and to newcomers in the labour market (a decrease of 238).

 

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