Financial Mirror (Cyprus)

Public sector workers reduced by 1189 in Q3

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The public sector workforce was reduced by 1,189 persons in the third quarter of the year to 65,809 from the previous quarter. The General Government employed 59,780 persons and in the Publicly Owned Enterprise­s and Companies had 6,029, according to the Statistica­l Service Cystat.

In all, 50,547 persons were employed in Government, 4,971 persons in NonProfit Organisati­ons and 4,262 in Local Authoritie­s (3,142 in Municipali­ties and 1,120 in Other Local authoritie­s.

The employment in the Broad Public Sector increased by 2,462 persons (3,89%) compared to the same quarter of 2016. The employment in Central Government increased by 2,433 persons (4,58% and in Publicly Owned Enterprise­s and Companies by 50 persons (0,84%).

Compared to the second quarter, the employment in the Broad Public Sector decreased by 1,189 persons (-1,77%). The employment in Central Government decreased by 1,325 persons (-2,33%) and in the Non -profit Organisati­ons decreased by 718 persons (-12,62%), while in Local Authoritie­s it increased by 16 persons (0,38%). the HICP increased 0.8% compared to the correspond­ing period of the previous year.

The greatest positive change compared to November 2016 was in transport (2.6%), while alcoholic beverages, tobacco (-3.2%) recorded the greatest negative change.

Compared to October 2017, the greatest drop was observed in Restaurant­s and Hotels of the order of - 6.3%.

During January - November 2017, compared to the same period of the previous year, the greatest change was recorded in Housing, Water, Electricit­y, Gas and Other Fuels 6.5%.

As regards to the economic origin, the greatest change was in Energy with an increase of 3.7% when compared to the index of November 2016.

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