CYPRUS: Public sector employment decreases

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Employment in the general public sector decreased by 1,144 persons or -1.7% to 64,526 persons in the fourth quarter of 2015, compared to the same quarter of the previous year.


 
According to the Statistical Service, the highest decrease is in public owned enterprises and companies (-13.3%), while slower decreases are in Central Government and Local Authorities, with -0.2% and -2%, respectively.
Compared to the third quarter of 2015, the employment in the General Public Sector increased by 1,020 persons or 1.6%. Employment in Central Government and in publicly owned enterprises and companies increased by 1.7% and 0.6%, respectively. Employment in Local Authorities decreased by -1.1% compared to the previous quarter.
In 2015, employment decreased by -2.5% compared to 2014. The highest decrease is in publicly owned enterprises and companies (-16.9%) while lower decreases are presented in Central Government and Local Authorities, with -0.6% and -2.1%, respectively.