Unemployment drops to 8.8 per cent in December 2018

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Unemployment drops to 8.8 per cent in December...
 © CyprusMail 2020
Unemployment decreased to 8.8 per cent (8.5 per cent for males and 9.1 per cent for females) in December 2018, compared with 8.9 per cent in November 2018 and 10.3 per cent in December 2017, according to Eurostat.

In December 2018 in Cyprus 39,000 individuals were unemployed compared with 40,000 in November 2018 and 44,000 in December 2017. Youth unemployment in Cyprus was 18.7 per cent during the 3rd quarter of 2018, or 7,000 individuals.

Meanwhile the euro area (EA19) seasonally-adjusted unemployment rate was 7.9 per cent in December 2018, stable compared with November 2018 and down from 8.6 per...


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Unemployment drops to 8.8 per cent in December 2018


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Article Tags: unemployment, drops, december,