Insider Economy Job vacancy rate in Cyprus drops to 1.0% during Q4 2018, up...

Job vacancy rate in Cyprus drops to 1.0% during Q4 2018, up to 2.3% in the euroarea

The job vacancy rate in the euro area (EA19) was 2.3% in the fourth quarter of 2018, up from 2.1% in the third quarter of 2018 and from 2.0% in the fourth quarter of 2017, according to figures published by Eurostat, the statistical office of the European Union. In Cyprus the job vanancy rate was 1.0% during Q4 2018, down from 2.3% in Q3 2018 and stable compared to Q4 of 2017 (1.0%). In Greece the same rate was 0.4% in Q4 2018, down form 0.6% in Q3 2018 and up from 0.1% in Q4 2017.

In the EU28, the job vacancy rate was also 2.3% in the fourth quarter of 2018, up from 2.2% in the third quarter of 2018 and from 2.0% in the fourth quarter of 2017.

In the euro area, the job vacancy rate in the fourth quarter of 2018 was 2.0% in industry and construction, and 2.6% in services. In the EU28, the rate was 2.1% in industry and construction, and 2.6% in services.  The job vacancy rate in the industry and construction was 1.1% in Cyprus and 0.4% in Greece. The same rate in services was 1.2% and 0.4% respectively.

Among the Member States for which comparable data are available, the highest job vacancy rates in the fourth quarter of 2018 were recorded in Czechia (6.0%), Belgium and Germany (both 3.4%) and Austria (3.1%). In contrast, the lowest rates were observed in Greece (0.4%), Bulgaria, Ireland, Spain and Portugal (all 0.9%).

Compared with the same quarter of the previous year, the job vacancy rate in the fourth quarter of 2018 rose in twenty Member States, remained stable in Belgium, Cyprus, Finland and Sweden, but fell in Estonia, Ireland, Croatia (all of them -0.1 percentage points, pp) and Lithuania (-0.2 pp). The largest increases were registered in Czechia (+1.6 pp), Austria (+0.8 pp), Malta (+0.7 pp) and Germany (+0.6 pp).

(Cyprus News Agency)

Top Stories

Schools close only if we say so, Prodromou notes

  Five hundred pupils have missed classes due to the Covid-19 pandemic, said education minister Prodromos Prodromou, making clear that there was no need for...

Famagusta hospital Covid patients rise to 24, four in increased care

  The number of Covid 19 patients being treated at the Famagusta General, the referral hospital for coronavirus, remained at 24, (22 yesterday) four of...

Turkish VP Octay illegally visits fenced off city of Varosha

  Turkish Vice President Fuat Octay walked along the beachfront of the fenced off city of Varosha today, part of which was illegally opened earlier...

18 people given preferential citizenships in casino resort, says Auditor General

  The Auditor General's Office has accused the government of bending the rules on the citizenships for investment programme, by granting passports outside the framework...

Kakoratzia state forest fire put out before spreading

  A fast forest fire service response prevented a potentially destructive fire from spreading this morning. It broke out at the Falkonopetra area of the Kakoratzia...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...