The job vacancy rate in the first quarter of this year was 2.8% compared to 1.9% in the previous quarter and 3.2% in the same quarter of 2022, data released by the Cyprus Statistical Service on Wednesday show. The number of job vacancies in the 1st quarter of 2023 reached 12,328, increased by 4,507 or 57.6%, compared to the previous quarter, according to the official data. The job vacancy rate was 2.8%, up 0.9%, compared to the last quarter of 2022. Compared to the 1st quarter of 2022, job vacancies in the 1st quarter of 2023 were down 4.2% or 546 job, when the job vacancy rate was 3.2%. The largest job vacancy rates in the 1st quarter of 2023 were observed in the Sectors of Accommodation and Food Service Activities (7.1%), Other Service Activities (4.4%) and Transportation and Storage (3.8%).
Source: Cyprus News Agency