Job vacancies drop to two-year low, Cystat says

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Job vacancies drop to two-year low, Cystat says
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By Stelios Orphanides

The number of job vacancies dropped in the last quarter of 2016, to 1,926, the lowest in two years, following the post-crisis peak of 4,989 in the previous quarter, the statistical service said.

Compared to October to December 2015, the number of vacancies fell 6 per cent as mainly hotels and restaurants sought to hire less workers, Cystat said in a statement on its website on Wednesday.

In the fourth quarter of 2016, the number of vacancies fell by 426 in the hospitality sector, compared to the respective period of 2015, which was partly offset by an...


Job vacancies drop to two-year low, Cystat says


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