Unemployment in Cyprus reaches 6.8%

Unemployment in Cyprus reached 6.8% of the active population in April, compared to 6.7% in March, according to figures released on Tuesday by Eurostat.

The figures indicated a 6.9% unemployment rate among men in Cyprus and 6.7% among women in April. According to March data, unemployment among persons under the age of 25 was 18.1% in Cyprus.

The unemployment rate recorded in the Eurozone was 10.1% in April compared to 10% in March, and in the EU it remained unchanged at 9.7%.

In the EU, the total number of unemployed persons reached 23.3 million, over half of which were in the Eurozone. Furthermore, from April 2009 to April 2010, 2.4 million jobs were lost, have of which in the Eurozone.

In certain Eurozone countries, the situation is severe. In Spain, for example, unemployment reached 19.7% of the active population. Outside the Eurozone, the highest unemployment rate was recorded in Latvia, with 22.5%.