14/12/2012 13:21
Employment in Cyprus recorded one of the highest decline in EU27 in the third quarter of 2012.
Specifically, the number of employees in the country declined by 3.2% compared with the third quarter of 2011. In the second quarter of 2012 compared to the corresponding period of 2011, employment in Cyprus was reduced by 3% while in the first quarter the annual decline was 2.4%.
In the eurozone, the data showed a decrease in employment by 0.7% compared with the third quarter of 2011, while in EU27 the decline was restricted to 0.5%.
Compared with the second quarter of 2012 in EU27 and the euro area, reduction in employment stood at 0.2%.
In Greece, employment decreased 8.9% in the third quarter against a decline of 9.1% in the second quarter, recording the highest drop in EU27.
A decrease of 4.1% was registered in employment in Spain, 4.1% in Portugal and 3.5% in Poland.
According to Eurostat data, in the third quarter of 2012, 222.6 million men and women were employed in the EU, 146 million of who were in the eurozone.
Specifically, the number of employees in the country declined by 3.2% compared with the third quarter of 2011. In the second quarter of 2012 compared to the corresponding period of 2011, employment in Cyprus was reduced by 3% while in the first quarter the annual decline was 2.4%.
In the eurozone, the data showed a decrease in employment by 0.7% compared with the third quarter of 2011, while in EU27 the decline was restricted to 0.5%.
Compared with the second quarter of 2012 in EU27 and the euro area, reduction in employment stood at 0.2%.
In Greece, employment decreased 8.9% in the third quarter against a decline of 9.1% in the second quarter, recording the highest drop in EU27.
A decrease of 4.1% was registered in employment in Spain, 4.1% in Portugal and 3.5% in Poland.
According to Eurostat data, in the third quarter of 2012, 222.6 million men and women were employed in the EU, 146 million of who were in the eurozone.
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