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[PIO] Employment-National Accounts: 2nd quarter 2023

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(Preliminary Estimate)

Annual Change +1.5% in Persons and +1,3% in Working Hours

Persons

The total number of employees employed in Q2 2023 is estimated at 464.107 persons, of which 413,120 are employees and 50,987 are self-employed.

Compared to the corresponding quarter of 2022, total employment for Q2 2023 increased by 1.5%. The most significant percentage increases were observed in Administrative and support service activities (NACE N), Other personal service activities (NACE S) and Information and communication activities (NACE J).


Hours worked

Actual hours worked for the second quarter of 2023 are estimated at 211,611 thousand, an increase of 1.3% compared to the corresponding quarter of 2022. The most significant percentage increases were observed in Administrative and support service activities (NACE N), Other personal service activities (NACE S) and Information and communication activities (NACE J).


METHODOLOGICAL INFORMATION

Coverage and methodology

Information is provided on the number of persons employed and hours worked by economic activity and occupational status (self-employed and employees).

The statistics on the number of persons employed and hours worked by economic activity and occupational status (self-employed and employees) are presented on the basis of the NACE Rev.2 classification system and the methodology for calculating employment in national accounts based on the European System of Accounts 2010 (ESA 2010).

Source of data

Data are extracted on a quarterly basis from the following sources:

- Employment and Vacancy Survey,

- Labour Force Survey,

- Employment (in persons) from the Social Security Register,

- General Accounting Office of the Republic.


For more information:

Statistical Service Portal, under National Accounts

CYSTAT-DB (Database)

Predefined Tables (Excel)

Methodological Information

The Predefined Tables in Excel format include data up to Q4 2021. For data from Q1 2022 onwards, the update is done only in the CYSTAT-DB Database.

Contact

Dimitriou Stavroula: Tel:+35722602205, Tel.: sdemetriou@cystat.mof.gov.cy

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