While the world talks about the resumption of the Cyprus peace talks, which were restarted last week after a two-year pause, it seems that the dire economic situation in the Greek Cypriot-controlled south have been all but forgotten.
At the same time, Turkish Cypriots in the Turkish Republic of Northern Cyprus (TRNC) also face the problem of long-term unemployment. According to a state report last year, current unemployment rates in the country stand at 9.5% officially. This however does not include unofficial figures.
In a country where 90% of 18-30 year olds are university graduates, there simply aren’t enough jobs for graduates. While many of them are in work, the vast majority are constantly on the look-out for better prospects.
Unlike their Greek Cypriot counterparts, the economy in the TRNC is growing, but this bears very little fruit for graduates. Newly graduated qualified teachers are being left with no choice but to work as farmers until new positions open up.
Chosen excerpts by Job Market Monitor. Read the whole story at No jobs for graduates in Turkish Cyprus | Cyprus | Worldbulletin News.