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Unemployed at lowest level since 2012

The number of those registered as unemployed has dropped to its lowest level since September 2012.

According to data by the Statistical Service, the number of registered unemployed persons in the end of May 2016 reached 34,047 persons.

Compared year-on-year with May 2015, there was a decrease of 5.625 persons or 14.2%. The decrease is mostly due to the construction sector ( decrease of 1,222), housing services (936), trade (794), manufacturing (726), public administration (656) and transportation (450).

According to seasonally adjusted data, the number of registered unemployed persons decreased to 37,996 persons compared to 38,700 during the previous month.

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