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04-04-2018 12:32

Registered unemployed: March 2018

The unemployed persons, registered at the District Labour Offices on the last day of March 2018, reached 30.616 persons. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for March 2018 decreased to 27.816 persons in comparison to 28.530 in the previous month. (Table 1)

In comparison with March 2017, a decrease of 8.472 persons or 21,7% was recorded which was mainly observed in the sectors of trade (a decrease of 1.576 unemployed persons), public administration (a decrease of 1.449), construction (a decrease of 1.097), accommodation and food service activities (a decrease of 966), manufacturing (a decrease of 682), financial and insurance activities (a decrease of 428) and to newcomers in the labour market (a decrease of 942). (Table 2)

Table 1
Month and Year	Registered Unemployed– Actual Data	Registered Unemployed – Seasonally Adjusted Data
2018
March	30.616	27.816
February	34.204	28.530
January	35.989	29.386
2017
December	35.771	30.221
November	33.780	30.752
October	26.436	31.327
September	27.951	32.173
August	31.003	32.931
July	31.670	33.563
June	30.577	34.074
May	29.922	34.717
April	32.804	35.218
March	39.088	35.778
February	42.326	36.226
January	42.839	36.564
2016
December	41.852	36.932
November	40.646	37.384
October	33.706	37.867
September	34.007	37.876
August	35.786	37.987
July	36.112	38.225
June	35.265	38.704
May	34.047	38.920
April	36.986	39.320
March	42.783	39.632

Table 2
NaceRev.2	Economic Activity	Registered Unemployed (actual data)
NaceRev.2	Economic Activity	March 2017	February 2018	March 2018
A	Agriculture, Forestry and Fishing	290	212	187
B	Mining and Quarring	58	40	41
C	Manufacturing	2.713	2.140	2.031
D	Electricity, Gas, Steam and Air Conditioning Supply	16	18	21
E	Water Supply, Sewerage, Waste Management and Remediation Activities	111	99	103
F	Construction	3.317	2.330	2.220
G	Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles	7.064	5.870	5.488
H	Transportation and Storage	1.508	1.366	1.213
I	Accommodation and Food Service Activities	8.612	9.983	7.646
J	Information and Communication	554	527	502
K	Financial and Insurance Activities	1.424	948	996
L	Real Estate Activities	406	268	244
M	Professional, Scientific and Technical Activities	1.326	1.174	1.125
N	Administrative and Support Service Activities	1.060	1.066	974
O	Public Administration and Defence, Compulsory Social Security	3.473	2.029	2.024
P	Education	786	682	658
Q	Human Health and Social Work Activities	510	456	416
R	Arts, Entertainment and Recreation	633	619	544
S	Other Service Activities	715	678	638
T	Activities of Households	121	96	98
U	Activities of Extra-territorial Organizations and Bodies	29	31	27
	Newcomers	4.362	3.572	3.420
	Total	39.088	34.204	30.616

METHODOLOGICAL NOTES

Definitions

Registered Unemployed: The number of registered unemployed concerns the persons aged 15 years and over who apply at the District and Local Labour Offices of the Department of Labour to seek employment and are registered as unemployed. These persons have to be able and available for work and must be actively looking for one. The monthly number of registered unemployed concerns the persons who during the last day of the month have an active application for seeking employment.

The number of registered unemployed does not included self-employed or persons who seek part-time employment as well as persons who seek employment in certain areas or for a specific employer.

Seasonally Adjusted data:Seasonal adjustment is a statistical technique that removes the seasonal component of a time series, making more visible the underlying trend in the change of a characteristic. CYSTAT uses the Demetra 2.04 software which was developed by Eurostat. Seasonally adjusted series are produced by the TRAMO&SEATS algorithm. It should be noted that due to seasonal adjustment the whole series with the monthly estimates is recalculated every time a new month is added in time series. As a result, estimations for the previous months are often revised.

Classification system:Registered unemployed by economic activity are published based on the classification system NACE Rev. 2.

Further information:

Eleni Christodoulidou: Tel: +35722602142, E-mail: echristodoulidou@cystat.mof.gov.cy

Christophoros Michaelides: Τel: +35722602154, E-mail: cmichaelides@cystat.mof.gov.cy

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(EA/II)

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