Unemployment is declining more in Cyprus than in the EU
The unemployment rate was 9.1 percent in Cyprus in March, compared to 12.3 percent in March 2017, while in the same period unemployment in the European Union has decreased from 7.9 percent to 7.1 percent.
This means that Cyprus has seen a more positive development than the rest of the EU: in March 2017 the unemployment rate was 4.4 percent units higher in Cyprus than in the European Union, now it is 2 percent higher.
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