Business News

Unemployment figures double in May, according to NSO

24th June 2020

In May, the number of persons registering for work stood at 4,409, increasing by 2,740 when compared to the corresponding month in 2019.

Data provided by Jobsplus for May 2020 indicates a year-on-year increase of 2,494 persons registering under Part I and an additional 246 persons registering under Part II of the unemployment register, according to the National Statistics Office. Registered unemployment levels increased across all age groups.

Those registering for work for less than 21 weeks and those registering between 21 and 52 weeks, increased when compared to May 2019 levels. The largest increase was recorded among persons who had been registering for less than 21 weeks. On the other hand, those who had been registering for work for more than one year, decreased when compared to the same month last year.

The number of persons with a disability who were registering for work increased by 47 when compared to the previous year, reaching 263. Males accounted for 69.2 per cent of total registrants with a disability.

The largest share of males and females on the unemployment register sought occupations as clerical support workers, with 20.4 per cent and 33.1 per cent respectively.

The NSO warns that statistics should be interpreted in the context of the COVID-19 situation.

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