Unemployment rose to 3.4 percent in August

Unemployment rose from 3.3 percent to 3.4 percent in August, the Labour Office announced on Thursday. More than 251,000 people were looking for work, with over 312,000 jobs available.  According to the Labour Office, it is normal to see a slight rise in unemployment during this time of the year and the rate of unemployment is actually lower in year-on-year terms than the 3.6 percent that was registered last August.

Labour Office Director Viktor Najmon said that a slight revitalisation of the jobs market can be expected to occur in September.