The number of people who were registered as unemployed in October 2018 decreased by 5,989 or 22.7% compared to October 2017, according to Statistical Service figures.
The decrease was mainly observed in the sectors of trade (a decrease of 1,122 unemployed persons), public administration (a decrease of 722), construction (a decrease of 714), accommodation and food service activities (a decrease of 666), manufacturing (a decrease of 620), education (a decrease of 220) and to newcomers in the labour market (a decrease of 1,462).
Definition of registered unemployment
The number of registered unemployed concerns the persons aged 15 years and over who apply at the District and Local Labour Offices of the Department of Labour to seek employment and are registered as unemployed. These persons have to be able and available for work and must be actively looking for one.
The monthly number of registered unemployed concerns the persons who during the last day of the month have an active application for seeking employment. The number of registered unemployed does not included self-employed or persons who seek part-time employment as well as persons who seek employment in certain areas or for a specific employer.
| Table 1 | ||
| Month and Year | Registered Unemployed – Actual Data | Registered Unemployed – Seasonally Adjusted Data |
| 2018 | ||
| October | 20.447 | 24.922 |
| September | 21.399 | 25.399 |
| August | 23.866 | 25.817 |
| July | 24.803 | 26.384 |
| June | 23.808 | 26.951 |
| May | 22.839 | 27.442 |
| April | 24.903 | 27.867 |
| March | 30.616 | 28.372 |
| February | 34.204 | 28.944 |
| January | 35.989 | 29.658 |
| 2017 | ||
| December | 35.771 | 30.371 |
| November | 33.780 | 30.800 |
| October | 26.436 | 31.285 |
| September | 27.951 | 32.107 |
| August | 31.003 | 32.917 |
| July | 31.670 | 33.468 |
| June | 30.577 | 33.913 |
| May | 29.922 | 34.583 |
| April | 32.804 | 35.193 |
| March | 39.088 | 35.795 |
| February | 42.326 | 36.225 |
| January | 42.839 | 36.564 |
Read more → https://in-cyprus.com/news/local/decrease-of-22-7-in-registered-unemployment-compared-to-2017/
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