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03-11-2022 12:33

Registered Unemployed: October 2022

The unemployed persons, registered at the District Labour Offices on the last day of October 2022, reached 11.183 persons. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for October 2022 increased to 13.389 persons in comparison to 13.269 in the previous month. (Table 1)

In comparison with October 2021, an increase of 209 persons or 1,9% was recorded, attributed mainly to the sectors of financial and insurance activities (an increase of 421), public administration and defence (an increase of 96), information and communication (an increase of 67), professional, scientific and technical activities (an increase of 51) and human health and social work (an increase of 51). (Table 2)

 

 

Table 1

Month and Year

Registered Unemployed – Actual Data

Registered Unemployed – Seasonally Adjusted Data

 

 

 

2022

 

 

October

11.183

13.389

September

11.610

13.269

August

14.961

13.801

July

14.145

13.549

June

12.332

13.327

May

10.586

13.044

April

11.664

13.148

March

13.818

13.313

February

15.364

13.423

January

15.430

13.331

2021

 

 

December

14.800

13.125

November

13.977

12.884

October

10.974

12.851

September

11.324

12.842

August

16.281

16.146

July

18.950

19.073

June

26.694

27.751

May

31.287

34.473

April

32.186

33.315

March

32.933

31.457

February

32.789

30.676

January

32.333

29.637

2020

 

 

December

33.382

29.737

November

32.968

29.242

October

31.487

37.384

September

30.718

36.046

 

 

 

 

 

 

 

 

 

Table 2

NaceRev.2

Economic Activity

Registered Unemployed    

(actual data)

October

2021

September

2022

October

2022

A

Agriculture, Forestry and Fishing

85

95

86

B

Mining and Quarrying

17

9

9

C

Manufacturing

787

753

718

D

Electricity, Gas, Steam and Air Conditioning Supply

6

9

10

E

Water Supply, Sewerage, Waste Management and Remediation Activities

51

36

36

F

Construction

969

1.041

1.005

G

Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles

2.283

2.094

2.031

H

Transportation and Storage

390

378

370

I

Accommodation and Food Service Activities

1.325

1.207

1.319

J

Information and Communication

327

406

394

K

Financial and Insurance Activities

701

1.124

1.122

L

Real Estate Activities

88

98

101

M

Professional, Scientific and Technical Activities

765

835

816

N

Administrative and Support Service Activities

443

513

485

O

Public Administration and Defense, Compulsory Social Security

612

783

708

P

Education

403

594

396

Q

Human Health and Social Work Activities

289

348

340

R

Arts, Entertainment and Recreation

237

184

183

S

Other Service Activities

293

242

233

T

Activities of Households

19

17

17

U

Activities of Extra-territorial Organizations and Bodies

8

7

8

 

Newcomers

876

837

796

 

Total

10.974

11.610

11.183

             

  METHODOLOGICAL NOTES

 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 a job. 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 include self-employed or persons who seek part-time employment, nor 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 JDemetra+ 2.2.2 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. In March 2020 a readjustment of the applied model was implemented.

Recent Methodological Changes

According to information provided by the Department of Labour, from Tuesday June 15, 2021, the automatic renewal of registrations was terminated and the online platform of the Public Employment Service was activated to allow the registration of a new job application, its renewal, as well as a job vacancy registration. This new settlement may affect the comparison of the monthly unemployment data recorded through the new procedure with the data recorded from the previous procedures. It is currently being evaluated by the Department of Labour.

Classification System

Registered unemployed by economic activity are published based on the Statistical Classification of Economic Activities in the European Community, Rev. 2 (NACE Rev.2).

For more information:

CYSTAT Portal, subtheme Labour Market

CYSTAT-DB (Online Database)

Predefined Tables (Excel)

Methodological Information

The data included in the Predefined Tables in Excel format are available up to December 2021. Data from January 2022 onwards are available only in the CYSTAT-DB Online Database.

 Contact persons:

Christophoros Michaelides: Tel: +35722602154, Email.: cmichaelides@cystat.mof.gov.cy

Maria Hadjiprokopi: Tel: +35722602146, Email: mhadjiprokopi@cystat.mof.gov.cy

 

(EP/SCH)