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Famagusta Gazette

News From Cyprus

Cyprus: Registered Unemployed: February 2025

ByFamagusta Gazette

Mar 7, 2025

Registered Unemployed: February 2025

 

The unemployed persons, registered at the District Labour Offices on the last day of February 2025, reached 12.761 persons. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for February 2025 decreased to 10.272 persons, in comparison to 10.417 in the previous month. (Table 1)

In comparison with February 2024, a decrease of 1.543 persons or 10,8% was recorded, attributed mainly to the sectors of financial and insurance activities, accommodation and food service activities, trade, construction, as well as to the decrease recorded for newcomers in the labour market. (Table 2)

Table 1

Month and Year

Registered Unemployed –
Actual Data

Registered Unemployed – Seasonally Adjusted Data

2025
February 12.761 10.272
January  13.147 10.417
2024
December 12.382 10.487
November 11.087 10.403
October 7.781 10.287
September 8.142 10.403
August 12.079 10.954
July 11.877 11.003
June 10.112 10.877
May 8.159 10.589
April 9.343 10.956
March 12.277 11.370
February 14.304 11.586
January 14.699 11.778
2023    
December 13.670 11.687
November 12.662 11.804
October 9.232 11.973
September 9.693 12.169
August 13.256 12.240
July 13.187 12.382
June 11.747 12.600
May 10.357 13.049
April 11.284 13.075
March 14.197 13.259
February 16.597 13.762
January 16.758 13.797
Table 2

Nace Rev.2

Economic Activity

Registered Unemployed

(actual data)

February

2024

January

2025

February

2025

A Agriculture, Forestry and Fishing 72 52 48
B Mining and Quarrying 9 9 9
C Manufacturing 636 582 597
D Electricity, Gas, Steam and Air Conditioning Supply 4 4 4
E Water Supply, Sewerage, Waste Management and Remediation Activities 30 21 20
F Construction 697 559 530
G Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles 2.003 1.868 1.833
H Transportation and Storage 747 725 713
I Accommodation and Food Service Activities 4.754 4.768 4.508
J Information and Communication 424 398 407
K Financial and Insurance Activities 717 410 402
L Real Estate Activities 118 151 156
M Professional, Scientific and Technical Activities 891 730 728
N Administrative and Support Service Activities 602 580 566
O Public Administration and Defense, Compulsory Social Security 752 738 712
P Education 326 252 255
Q Human Health and Social Work Activities 257 266 273
R Arts, Entertainment and Recreation 335 301 307
S Other Service Activities 350 329 316
T Activities of Households 18 11 10
U Activities of Extra-territorial Organisations and Bodies 9 8 9
  Newcomers 553 385 358
  Total 14.304 13.147 12.761

Methodological Information

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.

Famagusta Gazette