November Unemployed Rises To 31,826 m/m
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The number of unemployed rose to 31,826 in the month of November, compared to 30,969 in October, said the Cyprus Statistical Service (CYSTAT).
Compared to November 2010, unemployment has risen by 27 percent or an increase of 6,805 people.
Unemployment has mainly affected the sectors of trade, which added another 1,644 jobless - and construction, in which lost 1,363 people lost their jobs.
Most of the unemployment is in the private sector, with employment rates in the public sector holding steady at 70,641 in the third quarter of 2011, compared to 70,417 in the first quarter, according to information from CYSTAT.
In a recent outlook, the European Commission said that unemployment in Cyprus is set to rise to eight percent in 2012.
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