EU firms struggle to hire techies

EU companies face obstacles in hiring information and communication technology (ICT) experts, but Cypriot firms were better off in job recruitment. According to data released by Eurostat, Cyprus is one of the

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Unemployment hits 17-month low

According to seasonally adjusted data, the number of registered Cyprus unemployed individuals in June reached its lowest level in the past 17 months. Based on the data maintained by the District Labour

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Job vacancy rate up 2.8% in Q1

The job vacancy rate in the first three months to March rose to 2.8% compared to 1.9% in the previous quarter and down from 3.2% in Q1 2022, data released by the Cyprus Statistical

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Can we get teleworking right?

The new EU framework agreement for teleworking is expected to come into force on July 1, setting in stone the definition of remote working, which reached a critical point during the coronavirus

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Unemployment above EU average

Last year, the unemployment rate of people aged 15-74 in Cyprus was 6.8%, a little higher than the EU average (6.2%), according to Eurostat data. The unemployment rate among the young was

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Cyprus’ banking sector shrinking

The banking system shrunk further in 2022; nearly a thousand bank employees have left the sector, while banks have closed 56 branches across the island, also removing 62 ATMs from the network.

Job vacancies down in 4Q 2022

The number of job vacancies dropped 19% in the fourth quarter last year, down by 1,822 to 7,821, compared to the same period in 2021, with the biggest demand in the ‘accommodation and

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Foreign workers have rights too

After years of disagreements, heated debates and name-calling, the national minimum wage finally came into being on 1 January, ensuring an additional 40,000 workers in the private sector take home decent pay

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