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Vacancy rate 2.9%
The number of job vacancies in the second quarter of 2023 stood at 13,027, an increase of 1,914 (17.2%) compared to 11,113 in the corresponding quarter of the previous year. Compared to Q1 2023, there was an increase of 699 positions (5.7%). (Table 1)
The vacancy rate as a percentage of total employees and vacancies in Q2 2023 was 2.9%, compared to 2.8% and 2.7% in the previous quarter and the corresponding quarter of 2022, respectively. The highest vacancy rates in Q2 2023 were in the Accommodation and Food Services (7.3%), Transportation and Warehousing (4.5%) and Electricity, Gas, Steam and Air Conditioning Supply (4.1%). (Table 2)
Table 1
| Nace Rev.2 | Economic Activity |
[TD]
Number of vacancies
[/TD] [TD]% Change
[/TD][/TD] [/TR] [TR] [TD]
T2
2022
[/TD] [TD]2023
[/TD] [TD]T2
2023
[/TD] [TD]T2 2023/ T1 2023
[/TD] [TD]T2 2023/2022
[/TD] [TD] [TD]T2 2023/2022
[/TD] [/TR] [TR] [TD]B
[/TD] [TD]Mining and Quarrying
[/TD] [TD]1
[/TD] [TD]3
[/TD] [TD]15
[/TD] [TD]400,0
[/TD] [TD]1.400.0
[/TD] [/TR] [TR] [TD]C
[/TD] [TD]Manufacturing
[/TD] [TD]881
[/TD] [TD]924
[/TD] [TD]524
[/TD] [TD]-43.3
[/TD] [TD]-40,5
[/TD] [/TR] [TR] [TD]D
[/TD] [TD]Supply of Electricity, Gas, Steam and Air Conditioning
[/TD] [TD]0
[/TD] [TD]1
[/TD] [TD]70
[/TD] [TD]6.900,0
[/TD] [TD]n.a.
[/TD] [/TR] [TR] [TD]E
[/TD] [TD]Water Supply, Wastewater Treatment, Waste Management and Remediation Activities
[/TD] [/TD] [TD]103
[/TD] [TD]42
[/TD] [TD]73
[/TD] [TD]73.8
[/TD] [TD]-29,1
[/TD] [/TR] [TR] [TD]F
[/TD] [TD]Construction
[/TD] [TD]408
[/TD] [TD]858
[/TD] [TD]628
[/TD] [TD]-26.8
[/TD] [TD]53,9
[/TD] [/TR] [TR] [TD]G
[/TD] [TD]Wholesale and retail trade, repair of motor vehicles and motorcycles
[/TD] [/TD] [TD]1.650
[/TD] [TD]2.126
[/TD] [TD]2.069
[/TD] [TD]-2.7
[/TD] [TD]25,4
[/TD] [/TR] [TR] [TD]H
[/TD] [TD]Transport and Storage
[/TD] [TD]716
[/TD] [TD]717
[/TD] [TD]857
[/TD] [TD]19,5
[/TD] [TD]19.7
[/TD] [/TR] [TR] [TD]I
[/TD] [TD]Accommodation and food service activities
[/TD] [TD]3.625
[/TD] [TD]3.422
[/TD] [TD]4.080
[/TD] [TD]19.2
[/TD] [TD]12,6
[/TD] [/TR] [TR] [TD]J
[/TD] [TD]Update and Contact
[/TD] [TD]331
[/TD] [TD]478
[/TD] [TD]582
[/TD] [TD]21.8
[/TD] [TD]75,8
[/TD] [/TR] [TR] [TD]K
[/TD] [TD]Financial and Insurance Activities
[/TD] [TD]462
[/TD] [TD]548
[/TD] [TD]533
[/TD] [TD]-2,7
[/TD] [TD]15.4
[/TD] [/TR] [TR] [TD]L
[/TD] [TD]Property Management
[/TD] [TD]78
[/TD] [TD]71
[/TD] [TD]109
[/TD] [TD]53,5
[/TD] [TD]39.7
[/TD] [/TR] [TR] [TD]M
[/TD] [TD]Professional, Scientific and Technical Activities
[/TD] [/TD] [TD]669
[/TD] [TD]714
[/TD] [TD]759
[/TD] [TD]6,3
[/TD] [TD]13,5
[/TD] [/TR] [TR] [TD]N
[/TD] [TD]Administrative and Support Activities
[/TD] [TD]583
[/TD] [TD]553
[/TD] [TD]586
[/TD] [TD]6,0
[/TD] [TD]0,5
[/TD] [/TR] [TR] [TD]O
[/TD] [TD]Public Administration and Defence, Compulsory Social Security
[/TD] [TD]166
[/TD] [TD]347
[/TD] [TD]295
[/TD] [TD]-15,0
[/TD] [TD]77.7
[/TD] [/TD] [/TR] [TR] [TD]P
[/TD] [TD]Education
[/TD] [TD]526
[/TD] [TD]411
[/TD] [TD]892
[/TD] [TD]117,0
[/TD] [TD]69,6
[/TD] [/TR] [TR] [TD]Q
[/TD] [TD]Activities Related to Human Health and Social Care
[/TD] [TD]581
[/TD] [TD]463
[/TD] [TD]524
[/TD] [TD]13,2
[/TD] [TD]-9.8
[/TD] [/TR] [TR] [TD]R
[/TD] [TD]Τέχνες, Entertainment and Recreation
[/TD] [/TD] [TD]124
[/TD] [TD]99
[/TD] [TD]245
[/TD] [TD]147.5
[/TD] [TD]97,6
[/TD] [/TR] [TR] [TD]S
[/TD] [TD]Other Service Activities
[/TD] [TD]209
[/TD] [TD]551
[/TD] [TD]186
[/TD] [TD]-66,2
[/TD] [TD]-11.0
[/TD] [/TR] [TR] [TD][/TD] [TD]
Total
[/TD] [TD]11.113
[/TD] [TD]12,328
[/TD] [TD]13,027
[/TD] [TD]5.7
[/TD] [TD]17.2
[/TD] [/TD] [/TR]
n.a.: Not applicable/Not applicable
Table 2
| Nace Rev.2 |
Economic Activity
[/TD] [TD]Vacancy Rate
(%)
[/TD][TR] [TD]
T2 2022
[/TD] [TD]T12023
[/TD] [TD]T22023
[/TD] [/TR] [TR] [TD]B
[/TD] [TD]Mines and Quarries
[/TD] [TD]0,2
[/TD] [TD]0,7
[/TD] [TD]2,7
[/TD] [/TD] [/TR] [TR] [TD]C
[/TD] [TD]Manufacturing
[/TD] [TD]2,5
[/TD] [TD]2,5
[/TD] [TD]1,4
[/TD] [/TR] [TR] [TD]D
[/TD] [TD]Supply of electricity, natural gas, Steam and Air Conditioning
[/TD] [/TD] [TD]0,0
[/TD] [TD]0,1
[/TD] [TD]4,1
[/TD] [/TR] [TR] [TD]E
[/TD] [/TD] [TD]Water Supply, Wastewater Treatment, Waste Management and Sanitation Activities
[/TD] [/TD] [TD]3,2
[/TD] [TD]1,2
[/TD] [TD]2,0
[/TD] [/TD] [/TR] [TR] [TD]F
[/TD] [TD]Construction
[/TD] [TD]1,1
[/TD] [TD]2,1
[/TD] [TD]1,6
[/TD] [/TD] [/TR] [TR] [TD]G
[/TD] [TD]Wholesale and retail trade, Repair of motor vehicles and motorcycles
[/TD] [/TD] [TD]2,3
[/TD] [TD]2,8
[/TD] [TD]2,7
[/TD] [/TR] [TR] [TD]H
[/TD] [TD]Transport and Storage
[/TD] [TD]4,0
[/TD] [TD]3,8
[/TD] [TD]4,5
[/TD] [/TD] [/TR] [TR] [TD]I
[/TD] [TD]Accommodation and food service activities
[/TD] [TD]7,2
[/TD] [TD]7,1
[/TD] [TD]7,3
[/TD] [/TD] [/TR] [TR] [TD]J
[/TD] [TD]Information and Communication
[/TD] [TD]2,5
[/TD] [TD]2,8
[/TD] [TD]3,3
[/TD] [/TR] [TR] [TD]K
[/TD] [TD]Financial and Insurance Activities
[/TD] [TD]2,2
[/TD] [TD]2,4
[/TD] [TD]2,4
[/TD] [/TD] [/TR] [TR] [TD]L
[/TD] [TD]Real Estate Management
[/TD] [/TD] [TD]2,4
[/TD] [TD]1,9
[/TD] [TD]2,8
[/TD] [/TD] [/TR] [TR] [TD]M
[/TD] [TD]Professional, Scientific and Technical Activities
[/TD] [/TD] [TD]1,9
[/TD] [TD]1,8
[/TD] [TD]1,9
[/TD] [/TR] [TR] [TD]N
[/TD] [TD]Administrative and Support Activities
[/TD] [TD]3,8
[/TD] [TD]3,0
[/TD] [TD]3,1
[/TD] [/TD] [/TR] [TR] [TD]O
[/TD] [TD]Public Administration and Defence, Compulsory Social Security
[/TD] [/TD] [TD]0,5
[/TD] [TD]1,1
[/TD] [TD]0,9
[/TD] [/TR] [TR] [TD]P
[/TD] [TD]Education
[/TD] [TD]1,6
[/TD] [TD]1,2
[/TD] [TD]2,6
[/TD] [/TR] [TR] [TD]Q
[/TD] [TD]Activities Related to Human Health and Social Care
[/TD] [TD]2,5
[/TD] [TD]2,0
[/TD] [TD]2,2
[/TD] [/TD] [/TR] [TR] [TD]R
[/TD] [TD]Arts, Entertainment and amusement
[/TD] [/TD] [TD]1,8
[/TD] [TD]1,3
[/TD] [TD]3,2
[/TD] [/TR] [TR] [TD]S
[/TD] [TD]Other service activities
[/TD] [TD]1,8
[/TD] [TD]4,4
[/TD] [TD]1,5
[/TD] [/TD] [/TR] [TR] [TD] [/TD] [TD]Total
[/TD] [TD]2,7
[/TD] [TD]2,8
[/TD] [TD]2,9
[/TD] [/TR] [/TR]
Methodological information
Definitions
Vacant job is a paid position that has either been recently created, not filled or is about to be filled, and for which the employer is taking active action to find a candidate outside the undertaking concerned and intends to fill it either immediately or within a specified period of time.
Vacancy rate is the ratio of vacancies to total employees and vacancies.
Data coverage
The survey covers enterprises with 1 or more persons employed classified in all economic activities according to the NACE Rev. 2 of the European Union, except Sections A (Agriculture, Forestry and Fishing), T (Activities of Households as Employers; Undifferentiated goods and services activities of households for own use) and U (Activities of Unincorporated Enterprises).
Data Collection
Data are collected through a telephone survey of businesses, conducted on a quarterly basis.
For more information, the public can visit the Statistical Service Gateway, under Labor Market, CYSTAT-DB (Database), Predefined Tables (Excel), Methodological Information, or contact Ms. Maria Koussiis at 22602235 or at mkkoushi@cystat.mof.gov.cy.
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.
(AF/EXP)
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