Cyprus Mail
Cyprus

Number of unemployed drops in February

The number of registered jobless fell last month 19 per cent to 34,204 compared to the respective month of 2017 and by 1,785 compared to January, the statistical service said.

The number of unemployed registered with district labour offices fell in February 21 per cent to a seasonally adjusted 28,560 compared to a year before, which is the lowest figure since July 2011, the month in which an explosion at the neighbouring naval base in Mari, knocked out the island’s largest power plant causing extensive outages, further harming the crisis-hit economy. The number of seasonally adjusted jobless in January was 29,412.

Last month’s reduction in the number of jobless was mainly on a 2,002 drop in the number of unemployed in public administration, 1,341 in trade, 1,067 in construction, 686 in manufacturing, 540 in hotels and restaurants and 524 in financial and insurance services, Cystat said. The number of unemployed newcomers fell by 902.

Related Posts

Breakwaters: A coastline coated with rocks

Christodoulos Mavroudis

‘Glimmer of hope’ for Mitsero communities battling plant relocation

Jean Christou

Cyprus expresses ‘deep sorrow’ for loss of life in Egyptian fire

Staff Reporter

The greatest health and social scourge of all time

Christos Panayiotides

Helios crash was a ‘punch to the gut’, lead Greek investigator Tsolakis says

Ineia residents block roads for an hour to protest Akamas local plan

Jean Christou