Unemployment down to 7% in July
July this year saw a further decline of unemployment in Cyprus to 7 per cent (or 31,000 persons, down from 7.2 per cent (32,000 persons)...
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The conundrum of no good jobs
By Sharon Lam If Western economies are at full employment, then why are people still hurting? That is the conundrum David Blanchflower lays out –...
Bad debts will fall to single digits, finance minister predicts
The government aims to reduce bad debts to single digits, Finance Minister Harris Georgiades said on Wednesday, as the cabinet approved the strategic fiscal policy...
Jobless rate falls to 7 per cent in March
Cyprus’ seasonally-adjusted unemployment rate was 7 per cent in March representing 31,000 people 6.9 per cent of whom were men and 7 per cent women. The...
Unemployment falls to 7.6 per cent in Q4
Unemployment in Cyprus fell to 7.6 per cent in the 4th quarter of 2018, from 7.8 per cent in the 3rd quarter, according to the labour force...
‘Cyprus on course to full employment’
The unemployment figures released by the statistical service showing a 14 per cent drop year-on-year, confirmed that Cyprus was on course to full employment, the...
Unemployment drops to 8.8 per cent in December 2018
Unemployment decreased to 8.8 per cent (8.5 per cent for males and 9.1 per cent for females) in December 2018, compared with 8.9 per cent...
Jobless rate rose to 9.2 per cent in November
Unemployment rates in Cyprus increased to 9.2 per cent – 8.9 per cent for men and 9.6 per cent for women – amounting to 41,000...
Repeated low-income welfare applications are clogging the system
Of 2,500 applications currently under consideration for payment of guaranteed minimum income, some 1,600 are repeat applications, resulting in delays in processing, a labour ministry...
GMI beneficiaries falling as unemployment drops
Beneficiaries of the guaranteed minimum income (GMI) scheme have fallen from 40,000 to 25,000, while Cyprus is among the EU member states with the fastest...
Unemployment falls to 7.4 per cent, largest annual drop in EU
Cyprus has once again recorded the largest annual decrease in unemployment rates in the EU, from 10.2 per cent in September 2017 to 7.4 per...
Cyprus records the largest unemployment annual fall in the EU
Cyprus registered, once again, the largest annual decrease in unemployment for August 2018, according to Eurostat, the statistical office of the European Union. Unemployment in...
Focus on credit ratings upgrade and GDP fudge a bleaker truth
By Les Manison The government and most of the media in Cyprus have been trumpeting the statistics on real GDP growth and the promotion of...
New government website for jobseekers and employers
The labour ministry has announced the creation of a new website where unemployed people can register and where employers can look for workers. According to...
Unemployment falls to 7.3% in Q2
The unemployment rate dropped to 7.3 per in the second quarter from 10.7 in the previous one and 10.6 per cent in the respective quarter of...
Unemployment falls in August
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,...
Unemployment rate falls to 7.7% in July
By Stelios Orphanides The unemployment rate in Cyprus fell last month to 7.7 per cent from 7.9 per cent the month before or to 34,000...
Unemployment rate falls to 8.2% in June, Eurostat says
Cyprus’s unemployment rate fell last month to 8.2 per cent from 8.3 per cent in May and 11 per cent in June 2017, the sixth...
Unemployment rises in Q1, to 10.7%, Cystat says
The unemployment rate in the first quarter of the year rose to 10.7 per cent, from 10.1 per cent the previous quarter, revising previous estimates...
Jobless number drops to 23Κ, post crisis low
The number of registered unemployed fell last month by 2,064, to 22,839, which is the lowest figure since October 2010, the statistical service said. The...