CYPRUS: Seasonal unemployment resumes rise in September

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The fall in seasonally adjusted unemployment experienced in August was unfortunately shortlived, and resumed its rise in September as the number of registered unemployed increased to 38,253 from 36,967 in the previous month.
In actual terms and compared with September 2011, unemployment rose by 7,383 persons or 27.9% to 33,866.


The main increases were in construction (an increase of 1,699), wholesale and retail trade (1,526), manufacturing (887), public administration (770), and accommodation and food service activities (524).
There was also an addition of 374 newcomers to the labour market.
The Statistical Service does not publish a registered unemployment rate but according to the latest figures from Eurostat, based on a methodology that combines registered unemployment and the quarterly labour force survey, the unemployment rate rose to 11.7%.