Crisis: Cyprus unemployment rate stands at 16.1% in 2014

01 June, 10:52

    (ANSAmed) - NICOSIA, JUNE 1 - The Cyprus' Republic unemployment rate for 2014 amounted to 16.1% of the labour force (males 17.0% and females 15.1%) in comparison to 15.9% (males 16.5% and females 15.2%) in 2013, according to the revised figures of the Labour Force Survey released by the national Statistical Service. The figures, as Cyprus News Agency reports, have been revised based on the new weighting factors resulting from the final estimated population of 2014. The unemployment rate for young persons aged 15-24 amounted to 36.0% of the labour force of the same age group in comparison to 38.9% in 2013. According to the results of the Labour Force Survey, the number of employed persons amounted to 362.741 (males 185.122 and females 177.619) and the number of unemployed persons to 69.547 (males 38.045 and females 31.501). (ANSAmed).

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