The number of job vacancies in Cyprus rose by 8 per cent year-on-year during the fourth quarter of 2024, reaching 12,997 positions, according to data released by the Cyprus Statistical Service (Cystat).

When compared to the same period in 2023, the number of vacancies increased by 959 positions.

However, on a quarterly basis, vacancies dropped by 18.8 per cent, corresponding to a decrease of 3,013 positions, when compared to the third quarter of 2024.

The vacancy rate, which represents job openings as a percentage of total employment and vacancies, stood at 2.8 per cent in the fourth quarter, down from 3.5 per cent in the corresponding period of 2023.

The highest vacancy rates were recorded in the arts, entertainment, and recreation sector at 4.7 per cent.

This was followed by accommodation and food services at 4.6 per cent, and the information and communication sector at 3.7 per cent.