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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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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Inflation slows, unemployment rises

The annual inflation rate in January was 7.1%, continuing the deceleration path for the third consecutive month, while the number of unemployed rose 8.6%. January’s Consumer Price Index decreased by 1.42 points

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Skills shortage driving unemployment

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

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All eyes on U.S. CPI

By Craig Erlam Stock markets are tentatively higher in Asia Tuesday, while Europe and the US are poised for a similarly modest start to trade in what is the start of a

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Cyprus unemployment rises to 5.1%

The seasonally-adjusted unemployment rate in Cyprus was lower than the European average at 5.1% in June, compared to 6.6% in the euro area and 6.0% in the EU, according to Eurostat. But

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