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Ministry of Finance, Statistical Service

Latest Figures: Labour Force Survey - Main Results, 2nd Quarter 2012

According to the results of the Labour Force Survey, which is carried out in accordance with a European Union Regulation, for the 2nd quarter of 2012, the number of employed persons amounted to 390,2 thousand (males 203,9 thousand and females 186,3 thousand) and the number of unemployed persons to 49,7 thousand (males 28,2 thousand and females 21,6 thousand).

The employment rate for persons aged 20-64 was 70,7% (males 76,8% and females 65,2%) recording a decrease from the corresponding quarter of 2011, 74,5% (males 80,9% and females 68,7%).

The unemployment rate amounted to 11,3% of the labour force (males 12,1% and females 10,4%) recording an increase from the corresponding quarter of 2011, 7,2% (males 7,5% and females 7,0%). Also the unemployment rate for young persons aged 15-24 amounted to 25,9% of the labour force of the same age group recording an increase from the corresponding quarter of 2011, 20,7%.



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