Cypriot Unemployment Rate Drops

July 1, 2014
Written by

Cypriot unemployment decreased to 15.3% in May, which marks the nation's second consecutive 2014 stride.

Eurostat confirmed that the rate lessened by 0.2%, compared to 15.5% in April. In actual numbers, the amount of jobless citizens dropped to 64,000 from 65,000. After reaching 16.5% in December and 15.7% in January and February, it grew to 15.9% in March. The figure took a positive turn in April and May.

Tagged under