Cyprus: Job vacancies up 6.1% yoy in the 1st quarter of 2020

Cyprus: Job vacancies up 6.1% yoy in the 1st quarter of 2020

The number of job vacancies in the 1st quarter of 2020 reached 7.177, up by 415 (6.1%) compared to the same quarter of the previous year where the number was 6.762.

Compared to the 4th quarter of 2019 the number of job vacancies increased by 2.531 (54.5%).

The job vacancy rate in the 1st quarter of 2020 was 2.0%, while the job vacancy rate in the previous quarter and the 1st quarter of 2019 was 1.3% and 2.0% respectively.

The largest job vacancy rates in the 1st quarter of 2020 were observed in the Sectors of Real Estate Activities (5,8%), Accommodation and Food Services (4,0%) and Construction (3,4%)”./ibna