Cyprus: dramatic increase 18,3% y-o-y for unemployment

05 April, 15:36

(ANSAmed) - NICOSIA, APRIL 5 - The unemployed persons in the Republic of Cyprus, registered at the District Labour Offices on the last day of March 2013, reached 44.283 persons as local media report. Based on the seasonally adjusted data that shows the trend of unemployment, the number of registered unemployed for March 2013 increased to 40.951 persons in comparison to 40.567 in the previous month. In comparison with March 2012, an increase of 6.840 persons or 18,3% was recorded which was mainly observed in the sectors of trade (an increase of 1.865 unemployed persons), accommodation and food service activities (an increase of 1.050), public administration (an increase of 1.043), manufacturing (an increase of 538), financial and insurance activities (an increase of 391), construction (an increase of 352), as well as to newcomers in the labour market where an increase of 301 unemployed persons was recorded.