Cyprus Mail

Unemployment falls in August

One of the main drivers of the strong economic outlook is the ongoing improvements in the domestic labour market


The number of registered unemployed fell in August by 937 to 23,866 in a month or 23 per cent compared to a year before, the statistical service said.

The seasonally adjusted number of persons out of work last month fell by 631 to 25,318, Cystat said in a statement on its website.

The decline in the number of unemployed fell mainly on a reduction by 1,332 in trade, 946 in construction, 809 in public administration, 794 in hospitality, 717 in construction, 247 in transport and 1,394 in newcomers, Cystat said.


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