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The data on unemployment for September 2021 confirm that the Cypriot economy has entered a growth phase, the Finance Ministry has said. The Ministry was commenting on the data released by Eurostat that show that the unemployment rate in seasonally adjusted terms in Cyprus declined for a third consecutive month reaching 3.6% in September compared with the Euro area average of 7.4%. “This (Cyprus unemployment) rate is much lower than the Euro area average and is among the lowest in the EU …
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