Unemployment in Cyprus exceeds 10% in April

Unemployment in Cyprus in April 2012 reached 10.1%, up by 0.1% from March 2012, according to seasonally adjusted data released by Eurostat. Cyprus' unemployment in men for April reached 10.9%, in women 9.2% whereas unemployment in youth (persons under 25 years) reached 28.5% (March figures). The unemployment rate in the Euro area remained stable at the historically high level of 11%. The EU-wide unemployment for April rose marginally to 10.3% (from 10.2% in March), which corresponds to 24.66 million unemployed persons, of which 17.40 million are coming from the Euro area member-states.(ANSAmed).