Press Releases

Job Vacancy Rate 2,9%

The number of job vacancies in the 2^nd quarter of 2023 reached 13.027, recording an increase of 1.914 vacancies (17,2%) compared to the same quarter of the previous year where the number was 11.113. Compared to the 1^st quarter of 2023 the number of job vacancies increased by 699 (5,7%). (Table 1)       

The job vacancy rate in the 2^nd quarter of 2023 was 2,9%, while the job vacancy rate in the previous quarter and the 2^nd quarter of 2022 was 2,8% and 2,7% respectively. The largest job vacancy rates in the 2^nd quarter of 2023 were observed in the Sectors of Accommodation and Food Service Activities (7,3%), Transportation and Storage (4,5%) and Electricity, Gas, Steam and Air Conditioning Supply (4,1%). (Table 2)

Table 1

n.a.: Not applicable

Table 2

Methodological information

Definitions

A job vacancy is a paid post that is newly created, unoccupied or about to become vacant, and for which the employer is taking active steps to find a suitable candidate from outside the enterprise concerned and intends to fill it either immediately or within a specific period of time.

The job vacancy rate is the number of job vacancies expressed as a percentage of the total number of occupied posts and job vacancies.

Coverage

The survey covers enterprises with 1 or more employees classified in all sectors of economic activities according to the Statistical Classification of Economic Activities NACE Rev. 2 of the European Union system, except Sectors A (Agriculture, Forestry and Fishing), T (Activities of Households as Employers; Undifferentiated Goods- and Services-Producing Activities of Households for own use) and U (Activities of Extraterritorial Organizations and Bodies).

Collection of Data

The data collection is carried out by telephone interviews every quarter.

For more information, visit CYSTAT Portal, subtheme Labour Market, CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information, or contact Ms Maria Kkoushi at telephone 22602235 or via e-mail at mkkoushi@cystat.mof.gov.cy.

The data included in the Predefined Tables in Excel format are available up to 4th Quarter 2021. Data from the 1st Quarter 2022 onwards are available only in the CYSTAT-DB Online Database.

(AP/ECHR)