Insider Economy Unemployment in Cyprus down but still a long way to go

Unemployment in Cyprus down but still a long way to go

The number of registered unemployed in Cyprus fell by 16.7% in August compared to the corresponding month in 2018 but the road is still long before long-term unemployment is eradicated.

Based on data released by the Statistical Service the number of registered unemployed at the District Labour Offices was down to 19,883 by end of August.

Of the total number of unemployed, 3,992 were out of the labour market for over 12 months and another 3,258 between six to 12 months. These people come under the category of long-term unemployment.

In addition, 1,176 people were unemployment for up to 15 days, 8,525 for up to three months and 2,932 for up to three to six months.

Moreover, a high number of unemployed people were aged between 50-59 (4,356) and 60-64 (2,062). A total of 6,148 made up the largest group of unemployed which is aged between 30-39 (5,962).

And another 3,895 were aged between 40-49, those between 25-29 were 2,528 and 899 were between 20-24 years old.

As for their education level, most of the unemployed (8,210) have tertiary-level education, 7,406 are secondary-level graduates, 2,676 are with elementary education, 1,512 with technical education and 79 without any education.

In addition, 15,644 unemployed are Greek Cypriots, 86 Turkish Cypriots, 2,289 EU nationals and 1,864 are foreigners.


Read more:

https://in-cyprus.com/eu28-unemployment-drops-to-historical-low-6-4-for-march-2019-7-0-in-cyprus/

Top Stories

Google releases location data to show if coronavirus lockdowns working in 131 countries

Alphabet Inc's Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments...

Strovolos receives 1000 calls for assistance

Strovolos Municipality has received about 1000 telephone calls from vulnerable people needing assistance since it set up a special team to reinforce government efforts...

Latest on the spread of the coronavirus around the world

Latest update: 03/04/2020 08:29 The U.S. economy likely shed jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures...

Cyprus plays Russian tax roulette

The Ministry of Finance and services sector professionals in Cyprus are puzzled over the ultimatum sent from Moscow demanding the renegotiation of the double...

Paphos: €350 fine for breaking coronavirus decree

A 24 year old Paphos resident was fined €350 by Paphos district court for breaking a decree restricting movement, one of a series of...

Taste

Village olive pie

Mix the yeast with the lukewarm water and put it aside for about 12-15 minutes to settle.  Sift the flour with the salt into...

Skordalia (Garlic paste)

Rinse the potatoes and place, unpeeled, in a saucepan. Cover with water, add salt and allow to simmer for 20-30 minutes until soft. Drain,...

Village salad

A must-have with every meal is a village salad. You will find it in every tavern or greek restaurant you visit in Cyprus. Make...

Courgettes with eggs

Heat the oil in a frying pan and fry the courgettes at a medium heat until they soften. Add salt and add the eggs....