Cyprus Mail

Q3 vacancies more than double, economy adds 16,000 new jobs

The number of vacancies rose in the third quarter to 4,989, more than doubling compared with the respective quarter of 2015, as the economy generated 16,140 jobs in a year, the statistical service said.

Compared with the third quarter of 2015, the increase in vacancies resulted mainly from 1,079 more jobs offered in the hospitality sector, followed by 523 in professional, scientific and technical activities and 408 in retail trade and wholesale, Cystat said in a statement on its website on Wednesday. On a quarterly basis, total vacancies rose by 1,600 mainly on 358 new jobs advertised in trade, 278 in professional, scientific and technical activities and 209 in hotels.

The increase in the number of people with a job in the third quarter was mainly the 4,765 more workers in hotels and restaurants, 2,296 workers in education and 1,811 workers in retail trade and wholesale, Cystat said.

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