Un­em­ploy­ment down in 2Q

Financial Mirror (Cyprus) - - FRONT PAGE -

Un­em­ploy­ment stood at 14.7% of the labour force in the sec­ond quar­ter of 2015, record­ing a de­crease from the pre­vi­ous quar­ter (17.7%) and the cor­re­spond­ing quar­ter of 2014 (15.4%). Ac­cord­ing to the re­sults of the Labour Force Sur­vey for the sec­ond quar­ter of 2015, the num­ber of em­ployed per­sons amounted to 364,585 and the num­ber of un­em­ployed per­sons to 62,643.

The em­ploy­ment rate for per­sons aged 20-64 was 68.7% (males 72.7% and fe­males 65.1%), an in­crease from the pre­vi­ous quar­ter. The un­em­ploy­ment rate for young per­sons aged 15-24 amounted to 31.7% of the labour force of the same age group record­ing a de­crease from the pre­vi­ous quar­ter (37.1%) and from the cor­re­spond­ing quar­ter of 2014 (37.2%).

Newspapers in English

Newspapers from Cyprus

© PressReader. All rights reserved.