22.09.2017

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Job vacancies drop by 20% in second quarter

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The number of annual job vacancies recorded a drop by 20.09% in the second quarter of 2017, compared with the same quarter of last year, data released by the Cyprus Statistical Service show. According to data, job vacancies for the second quarter of 2017 were 2,708. Job vacancies fell by 681 (-20.09%) compared to the same quarter of the previous year when they were 3,389. The greatest drop occurred in accommodation and food service activities (-60.95%) and the biggest increase was in finan

inCyprus

August sees fall in new company registration

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According to Department of Registrar of Companies and Official Receiver figures, on a year-on-year basis, the number of applications to register a new company fell in August for a fourth month in 2017. Applications to register new firms amounted to 910 in August 2017, compared with 1,014 in August 2016, showing a decrease of 10.2%. August was also the fourth month in the current year to show a decline in applications, following the steady increase in applications seen in 2016. Meanwhile, a

inCyprus

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