Euro-Sterling is holding positive ground below the mid-0.8500s during early European trading on Tuesday. The EURGBP cross is edging higher following the UK labour market and German inflation data, trading around 0.8540,
The number of unemployed persons in Cyprus, registered at the District Labour Offices on the last day of February, reached 14,304 persons, 395 less than the previous month. Seasonally adjusted, the number
Labour Minister Yiannis Panayiotou is poised to issue a decree that will raise the national minimum wage in Cyprus to nearly €1,000, affecting approximately 25,000 low-paid workers in the private sector. The
The seasonally-adjusted unemployment rate in Cyprus stayed at 6.6% in August compared to July, and slightly lower than a year ago when it was 6.8%, according to Eurostat. In the eurozone, the
The number of registered unemployed decreased in August, both on an annual and monthly basis, according to data released Tuesday by the Statistical Service. Based on seasonally adjusted data reflecting the unemployment
By Moody’s Analytics The U.S. labour market remains tight, but conditions loosened materially in June. The modest decline in the number of job openings from May to June comes after May’s figure
The seasonally adjusted unemployment rate in Cyprus dropped in June from 2022 while remaining stable compared to May, according to Eurostat. Unemployment in Cyprus stood at 4.8% in June, remaining stable since
A shrinking banking sector has worsened unemployment figures, as 460 of 1,000 former bank staff who took early retirement in 2022 have been unable to find work. According to an analysis prepared
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
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
