Unemployment registers annual decrease of 8.4% in November 

Unemployment registers annual decrease of 8.4% in November 

Nicosia, December 3, 2015/Independent Balkan News Agency

Unemployment rate fell by 8.4% in November compared to the same month a year ago, the Statistical Service announced on Thursday.

“The unemployed persons, registered at the District Labour Offices on the last day of November 2015, reached 43.602 persons”, the Service said.

Based on the seasonally adjusted data that shows the trend of unemployment, the number of registered unemployed for November increased to 42.311 persons in comparison to 41.767 in the previous month.

“In comparison with November 2014, a decrease of 4.001 persons or 8.4% was recorded”, it was added.

The decrease was mainly observed in the sectors of construction (a decrease of 1.147 unemployed persons), public administration (a decrease of 1.033), manufacturing (a decrease of 637), trade (a decrease of 564), financial and insurance activities (a decrease of 413) and education (a decrease of 244).

Source: CNA