Registered unemployed down in December 2019

Registered unemployed recorded a drop in December on a monthly and annual basis, data released by the Cyprus Statistical Service, on Tuesday, show.

In particular, unemployed people registered at the District Labour Offices on the last day of December 2019, reached 25,285.

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

Compared to December 2018, a drop of 4,515 persons or 15.2% was recorded.

This is attributed mainly to the sectors of public administration (a decrease of 1,026), trade (a decrease of 646), construction (a decrease of 611), accommodation and food service activities (a decrease of 288), transportation and storage (a decrease of 258), manufacturing (a decrease of 254) and to newcomers in the labour market (a decrease of 875).