Insider Economy Registered unemployed down an annual 15.2% in December

Registered unemployed down an annual 15.2% in December

The number of unemployed persons registered at the District Labour Offices on the last day of December 2019, reached 25,285 persons, Cyprus’ Statistical Services said on Tuesday.

Based on the seasonally adjusted data that show the trend of  unemployment, the number of registered unemployed for December 2019 decreased to 20,140 persons in comparison to 20,631 in the previous month.

In comparison with December 2018, a drop of 4,515 persons or 15.2% was recorded, attributed mainly to the sectors of public administration (down 1,026), trade (a decrease of 646),  construction (down 611), accommodation and food service activities (a decrease of 288), transportation and storage (a drop of 258), manufacturing (a decrease of 254) and to newcomers
in the labour market (a decrease of 875).

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