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Unemployment rises again in Cyprus

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Unemployment rises again in Cyprus

The Cyprus seasonally – adjusted unemployment rate was 16,8% in November 2014, up from the 16,5% in October 2014, according to the figures published by Eurostat the statistical office of the European Union.

The euro area seasonally adjusted unemployment rate was 11,5% in November 2014, stable compared with October 2014. The EU28 unemployment rate was 10,0% in November 2014, down from 10,1% in October.

Among the member states, the lowest unemployment rates in November 2014 were recorded in Austria (2,9%) and Germany (5,0%) and the highest in Greece (25,7% in September 2014) and Spain (23,9%).