Unemployment Still At Record Highs in June
.jpg)
The number of unemployed rose from 34,162 in May to 34,215 in June, said the Cyprus Statistical Service.
Compared to a year ago, unemployment is at a record high, up by 26 percent, according to official figures.
Just three years ago, unemployment was at 16,740 persons, but subsequent years of economic slowdown and recession have resulted in many businesses closing down, including state-owned Eurocypria and many private sector enterprises.
Message from CyprusNewsReport.com. We can't do it without your help. Please support our independence so we can keep bringing you high-quality, free news from Cyprus and the region.
To make and read comments, become a full member of your news community, click here.
- Printer-friendly version
- Login to post comments
Send by email
PDF version
Poll
Do you think Cyprus should leave the euro and return to the pound?
Yes, we're too exposed to the eurozone's woes
62%
No, we can get through the crisis and benefit from the euro
25%
Undecided, there are pros and cons on both sides
13%
Total votes: 498
.gif)
