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Unemployment Rate Drops by 13.5 Percent in March 2024

The unemployment rate in Cyprus dropped by 13.5 percent in March 2024, a positive shift attributed to growth in sectors like finance, construction, and tourism, along with government efforts in education and vocational training. The total number of jobless individuals decreased to 12,277, marking a significant improvement in the labor market’s outlook and signaling potential economic recovery.

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