Unemployment fell to 16.4% of the working population in Cyprus in April, from 16.9% in March, according to data released Monday by Eurostat. The number of unemployed in absolute numbers was 72,000. A decline was also recorded in the eurozone and the EU28.
According to the adjusted figures from Eurostat, the average unemployment rate in the Eurozone in April stood at 11.7% of the working population and across the EU at 10.4%.
Regarding the individual performance of Cyprus, the unemployment rate was 17.4% for men, 15.3% for women and 42.3% for young people under 25 years.
The average unemployment rate in the Eurozone was 11.7% for men, 11.8% for women and 23.5% for young people under 25 years.
The Eurozone countries which recorded the highest increase in unemployment in one year were Cyprus (from 15.6% to 16.4%) and the Netherlands (from 6.5% to 7.2%), while countries with the highest decline in unemployment were Portugal (from 17.3% to 14.6%) and Ireland (13.7% to 11.9%).
The highest rates of youth unemployment were registered in Greece (56.9%) and Spain (53.5%) and the lowest in Germany (7.9%) and Austria (9.5%).
The overall unemployment rate for the working population, recorded in the euro area Member States in April was as follows: 26.5% Greece (February data), Spain 25.1%, Cyprus 16.4%, Portugal 14.6%, Slovakia 14.0%, Italy 12.6%, Ireland 11.9%, Latvia 11.2%, France 10.4%, Slovenia 9.6%, Finland 8.5%, Belgium 8.5%, Estonia 7 7% (March), Netherlands 7.2%, Malta 6.8%, Luxembourg 6.1%, Germany 5.2%, Austria 4,9%.
