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Registered unemployed in Cyprus reach 50.039 end of January

The unemployed persons, registered at the District Labour Offices on the last day of January 2015, reached 50.039 persons, Cyprus Statistical Service announced on Wednesday. Based on the seasonally adjusted data that shows the trend of unemployment, the number of registered unemployed for January 2015 decreased to 45.839 persons in comparison to 46.364 in the previous month.

In comparison with January 2014, a decrease of 2.744 persons or 5.2% was recorded which was mainly observed in the sectors of construction (a decrease of 1.336 unemployed persons), trade (a decrease of 977), financial and insurance activities (a decrease of 820), manufacturing (a decrease of 808), professional, scientific and technical activities (a decrease of 352), education (a decrease of 305) and to newcomers in the labour market (a decrease of 461). It is worth noting that during the same period there was also an increase in unemployment in the sectors of accommodation and food service activities (an increase of 1.415 unemployed persons) and public administration (an increase of 703).