Number of unemployed reaches new post crisis low

Number of unemployed reaches new post crisis low
On the basis of data held at the District Labour Offices, the number of registered unemployed at the end of May 2018 reached 22,839 persons, which represents a decrease of 2,064 persons, the lowest figure since October 2010.

Based on seasonally adjusted data showing the trend of unemployment, the number of registered unemployed in May 2018 dropped to 27,268 compared to 27,742 in the previous month.

Compared to May 2017, there was a decrease of 7,083 persons or 23.7%, mainly attributable to the trade (1,262 unemployed), construction (958 drop), catering and catering services (896 drop), (a reduction of 763), manufacturing (641 drop), financial and insurance activities (a decrease of 347) and new entrants to the labor market (917 drop)./IBNA

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