ARTICLE
21 December 2022

Employment - National Accounts: 3rd Quarter 2022 (Provisional Estimate)

Ki
KPMG in Cyprus

Contributor

KPMG has been operating in Cyprus since 1948 and currently employs more than 800 professionals working from 6 offices across the island. It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 143 countries and territories and has approximately 273,000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.
Total employment for the 3rd quarter of 2022 is estimated at 463.613 persons, of which 414.630 are employees and 48.983 are self-employed.
Cyprus Employment and HR

Persons

Total employment for the 3rd quarter of 2022 is estimated at 463.613 persons, of which 414.630 are employees and 48.983 are self-employed. Compared to the corresponding quarter of 2021, total employment increased by 3% for the 3rd quarter of 2022. The most significant percentage increases were observed in the economic activities of Accommodation and Food Services (NACE I), Information and communication (NACE J), Transportation and Storage (NACE H) and Manufacturing (NACE C).

Hours worked

Actual hours worked for the 3nd quarter of 2022 are estimated at 206.711 thousand; an increase of 4,1% compared to the corresponding quarter of 2021. The most significant percentage increases were observed in the economic activities of Accommodation and Food Services (NACE I), Information and communication (NACE J) and Transportation and Storage (NACE H).

Source:Cystat

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More