Unemployment is rising, with stakeholders in the labour market saying there is a mismatch between vacancies and jobseeker skills, as employers cannot find qualified staff. A recent CyStat survey showed the number
Containing the cost of living is high on the agendas of the three leading candidates for the Presidential elections to be held next month. Averof Neophytou, Andreas Mavroyiannis and Nikos Christodoulides promise
Cyprus is heading into an uncertain 2023, but economists argue the economy can remain resilient, as it has proven in the past. In comments to the Financial Mirror, economist Marios Soupashis said
The level of economic uncertainty in November remained at the same levels in Cyprus as in the summer months of 2022, considerably below peak when Russia invaded Ukraine earlier this year, according
Unions representing shift workers in the public sector say their members are being left out from decisions to restore civil servants’ wages and benefits to levels prior to 2013, while their shift
Cyprus’ economy has grown by 6% GDP in the first nine months, despite the ongoing fallout from the war in Ukraine and the subsequent sanctions on invading Russia, said the Central Bank.
Unemployment in Cyprus in Q3 rose to 6.8%, compared with 6.6% in the same period last year, according to official data. The trends show that youth unemployment is around 20%, more women
The job vacancy rate in the third quarter was 2.2%, down from the previous quarter (2.7%) and Q3 2021 (2.4%), according to the Cyprus Statistical Service. The number of job vacancies in
Despite its small size, Cyprus’s ambition of becoming a fintech hub has been boosted by the decision of Binance, the world’s largest cryptocurrency trading platform, to establish a presence on the island.
Cyprus’ economy is recovering from the COVID-19 pandemic, as data shows that GDP in the first nine months has grown faster than expected. According to data released by CyStat, the economy grew
