Skip to main content
Unemployment in Cyprus up in December

Home Featured

Unemployment in Cyprus up in December

Unemployment in Cyprus reached 17.5% of the active workforce and in absolute numbers 78.000 people in December, data released on Friday by Eurostat show.

Cyprus was the Eurozone country recording the highest increase in unemployment within one year (from 13.9% to 17.5%).

According to Eurostat’s seasonally adjusted data average unemployment in December stood at 18.4% for men, 16.6% for women and 40.8% for young people under 25.

In the Eurozone, average unemployment for men stood at 12.0%, for women at 12.1% and for young people under 25 at 23.8%.