Cyprus: Reduction of unemployment in June compared to May, dramatic increase compared to June 2019

Cyprus: Reduction of unemployment in June compared to May, dramatic increase compared to June 2019

The unemployed persons, registered at the District Labour Offices on the last day of June 2020, reached 31158 persons. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for June 2020 decreased to 33538 persons in comparison to 33797 in the previous month.

In comparison with June 2019, an increase of 12198 persons or 64,3% was recorded, attributed mainly to the sectors of accommodation and food service activities (an increase of 6880), trade (an increase of 1757), transportation and storage (an increase of 820), administrative and support service activities (an increase of 635), professional, scientific and technical activities (an increase of 456) and arts, entertainment and recreation (an increase of 355).

It is noted that according to the information of the Department of Labour, the comparison of the data since March 2020 and onwards, with the data of the previous months is not considered objective. This is due to the implementation by the Public Employment Service of the extraordinary measures announced by the Ministry of Labour, Welfare and Social Insurance for automatic renewals of registered unemployed and new registrations of unemployed people without their physical presence in order to avoid the spread of coronavirus./ibna