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Archives November 30, 2011 posted by

Cyprus unemployment rate increases in October

16:35 UNEMPLOYMENT in Cyprus rose from 7.9 per cent in September to 8.2 per cent in October according Eurostat’s latest data. The rate is marginally lower for men – 8.1 per cent, compared to 8.3 per cent for women.

More than one in five people under 25 (22.7 per cent) were unemployed in September.

This remains lower than the Euro area unemployment rate, which recorded a historic high of 10.3 per cent this month, up from 10.2 per cent in September.

Meanwhile, the EU27 unemployment rate was 9.8 per cent in October compared to 9.7 per cent in September.

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