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1200 new unemployed in March

1200 new unemployed in March
Πηγή: StockWatch
April, 04 2012

Unemployment increased for the eight consecutive month, boosting estimates that the labour market conditions continue to deteriorate and employers turn to dismissals to deal with their financial problems. 

According to Cystat data released on Wednesday, the number of unemployed persons in late March 2012 stood at 37.874. 

Based on the seasonally adjusted data that shows the trend of unemployment, the number of registered unemployed for March 2012 increased to 34.143 persons in comparison to 32.965 in the previous month. 

The number of unemployed is rising since July 2011, after the destructive explosion at Mari. 

In comparison with March 2011, an increase of 9.042 persons or 31,8% was recorded which was mainly observed in the sectors of construction (an increase of 1.987 unemployed persons), trade (an increase of 1.903), accommodation and food service activities (an increase of 1.222), manufacturing (an increase of 1.200), public administration (an increase of 804), as well as to newcomers in the labour market where an increase of 309 unemployed persons was recorded. 

Most unemployed are cleaners, messengers and unspecialized workers (8.823) followed by service employees and sellers (7.306), typists, cashiers (5.664) and production technicians (5.491). 

Unemployment is largely observed in people aged 30-39 (8.831), 40-49 (7.929) and 50-59 (7.705). 

As for their educational level, most of them are secondary education graduates (15.867) and elementary graduates (10.116). 

Most of them are in Larnaca and free Famagusta (11.529) and Nicosia (11.387).


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