Financial News: Cyprus Registered Unemployment Declines Further In May

Cyprus Registered Unemployment Declines Further In May

06/04/2025 - 10:56:00 (RTTNews)

(RTTNews) - The number of registered unemployed in Cyprus continued to decrease in May from the previous month, preliminary data from the statistical office Cystat showed on Wednesday.

The seasonally adjusted number of registered unemployed eased to 9,708 persons in May from 9,729 persons in April. The figure decreased by 781 persons or 9.6 percent from a year ago. The jobless total has been easing since January.

The decline was mainly due to the activity in sectors such as financial and insurance services, construction, education, manufacturing as well as due to the decrease in newcomers in the labor market, the statistical office said. The unemployed persons registered at the District Labour Offices on the last day of May 2025, reached 7,378 persons versus 8,118 persons in April, Cystat added.

Data released by the Eurostat on Tuesday showed that Cyprus' jobless rate fell to 3.7 percent in April from 4.1 percent in March.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

South Africa Inflation At 4-Month High (01 hr(s), 51 min(s), 27 sec(s) ago)
(RTTNews) - South Africa's consumer price inflation accelerated to a four-month high in June, ...Full Story»

Singapore Inflation Steady At 0.8% (04 hr(s), 25 min(s), 27 sec(s) ago)
(RTTNews) - Singapore's consumer prices logged a steady growth in June, official data revealed ...Full Story»

Sri Lanka Central Bank Holds Policy Rate (04 hr(s), 42 min(s), 27 sec(s) ago)
(RTTNews) - Sri Lanka's central bank maintained its interest rate on Wednesday amid intensifyi ...Full Story»

Australia's Leading Index Signals Soft Economic Activity In H2: Westpac (06 hr(s), 24 min(s), 27 sec(s) ago)
(RTTNews) - Australia's leading index signaled soft economic activity through the second half ...Full Story»

Singapore Inflation Data Due On Wednesday (19 min(s), 33 sec(s) ago)
(RTTNews) - Singapore will on Wednesday release June figures for consumer prices, highlighting a l ...Full Story»

South Korea Consumer Confidence Index Improves In July - BoK (40 min(s), 33 sec(s) ago)
(RTTNews) - Consumer confidence in South Korea strengthened in July, the latest survey from the Ba ...Full Story»

Eurozone Loan Demand Rises In Q2: ECB Survey (07 min(s), 33 sec(s) ago)
(RTTNews) - Eurozone banks reported an increase in demand for loans from firms and households, the ...Full Story»

UK Budget Deficit Exceeds Estimate In June (01 hr(s), 34 min(s), 27 sec(s) ago)
(RTTNews) - The UK budget deficit widened more than estimated in June on higher debt servicing cos ...Full Story»