unemployment

European numbers mark rising inequality in Cyprus as state support found wanting

If good numbers don't lie, bad numbers shouldn't lie either. It's only fair. A fast rising trend of social inequality...

Cyprus lags behind EU peers in graduate employment

Cyprus continues to trail its European Union counterparts in terms of graduate employment, according to Eurostat data. In 2023, only...

The two aspects of unemployment

The unemployment rate stood at 6% in the first quarter of 2024, compared to 6.8% in the corresponding period...

Registered unemployed decreased in April by 17.2%

The number of registered unemployed decreased by 10,880 individuals in April, dropping by 17.2% on an annual basis. This...

Implats weighs 3,900 job cuts in South Africa as price rout takes toll

Impala Platinum (Implats) IMPJ.J said on Friday the restructuring of its South African operations could lead to 3,900 job...

German unemployment seen rising to highest level in almost a decade

Germany's economic weakness is finally taking a toll on the labour market, with the number of unemployed workers expected...

Tesla laying off more than 10% of staff globally as sales fall

Tesla TSLA.O is laying off more than 10% of its global workforce, an internal memo seen by Reuters on...

FACTBOX-European companies cut jobs as economy sputters

The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into...

European commission highlights Cyprus’s economic growth

According to the European Commission's report on the Cypriot economy, the observed economic growth and reduction in inflation place...

Cabinet approves plans for employment of 1,265 individuals

Two plans to provide incentives to employers were approved during today's meeting of the Ministerial Council, aiming to train...

Salesforce laying off 700 workers in latest tech industry downsizing – WSJ

Salesforce CRM.N is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal...

Key developments in Cypriot economy during 2023

The departing year was marked by a significant economic slowdown driven mainly by a series of aggressive interest rate...

Number of registered unemployed individuals at 12,662

The number of registered unemployed individuals reached 12,662 at the end of November 2023, according to data maintained by...

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