Cyprus Business Now: more workers needed, remote work, Minimum wages increase

The association of building contractors Oseok has warned that acute labour shortages in sectors like construction, tourism, and retail were stalling economic growth.

As the supply of skilled and unskilled workers decreased, the impact on private and public projects was becoming increasingly severe, said Oseok. Although there are full employment conditions, Cyprus’ labour force was not meeting market demands, which were boosted by growth and a surge in tourism.

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