Unemployment rises in Cyprus in November

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The number of unemployment persons in Cyprus marked a new record in November 2012, reaching 39.522.

According to the Statistical Service of the Republic of Cyprus, the unemployed persons, registered at the District Labour Offices on the last day of November 2012, reached 39.522 persons.

Based on the seasonally adjusted data that shows the trend of unemployment, the number of registered unemployed for November 2012 decreased to 39.105 persons compared to 39.241 in the previous month.

In comparison with November 2011, an increase of 7.696 persons or 24.2% was recorded which was mainly observed in the sectors of trade (an increase of 1.625 unemployed persons), construction (an increase of 1.343), accommodation and food service activities (an increase of 1.148), manufacturing (an increase of 792), public administration (an increase of 626), as well as to newcomers in the labour market where an increase of 512 unemployed persons was recorded.

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