Cyprus: unemployment rockets to new high, 76,000 jobless

01 November, 13:39

    (ANSAmed) – NICOSIA, NOVEMBER 1 – As the financial crisis deepens new figures show that over 76,000 are now out of work in Cyprus, with the figure set to rise as the more tourist attractions close for the winter.

    As Famagusta Gazette reports, the stats show that unemployment in Cyprus recorded a new high in September 2013, reaching 17.1% or 76,000 persons compared to 16.9% or 75,000 persons in August, according to data released today by Eurostat.

    At the same time Cyprus recorded the highest increase among EU member states since September 2012, from 12.7% or 56,000 persons to 17.1% or 76,000, which is the third highest percentage in EU following Greece’s 27.6% (July 2013) and Spain’s 26.6%.

    The euro area (EA17) seasonally-adjusted unemployment rate was 12.2% in September 2013, stable compared with August. The EU28 unemployment rate was 11.0%, also stable compared with August. In both zones, rates have risen compared with September 2012, when they were 11.6% and 10.6% respectively. Youth (under 25s) unemployment in Cyprus remained stable at 43.9% in September whereas men unemployment was recorder at 17.3% from 17.1% in August and women unemployment increased by 0.3% to 16.9% in September from 16.6% in August. (ANSAmed).

    © Copyright ANSA - All rights reserved

    Business opportunities

    The information system of business
    opportunities abroad

    News from Mediterranean