Long Term Unemployment Rate in Cyprus remained unchanged at 2.10 percent in the third quarter of 2019 from 2.10 percent in the second quarter of 2019. Long Term Unemployment Rate in Cyprus averaged 2.88 percent from 2000 until 2019, reaching an all time high of 7.80 percent in the second quarter of 2014 and a record low of 0.40 percent in the second quarter of 2008.


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Cyprus Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.10 7.80 0.40 2000 - 2019 percent Quarterly


Cyprus Long Term Unemployment Rate
In Cyprus, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.

Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.70 7.30 16.80 3.00 percent [+]
Employed Persons 400.80 379.60 400.80 135.00 Thousand [+]
Unemployed Persons 30088.00 28989.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.10 2.10 7.80 0.40 percent [+]
Youth Unemployment Rate 17.20 17.20 40.90 7.80 percent [+]
Labour Costs 94.98 99.56 126.56 65.45 points [+]
Job Vacancies 10087.00 10145.00 16194.00 2137.00 [+]
Wages 1880.00 1893.00 2296.00 1360.00 EUR/Month [+]
Population 0.86 0.85 0.87 0.50 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Labor Force Participation Rate 62.80 63.20 64.70 55.50 percent [+]
Part Time Employment 38.50 42.10 50.00 15.80 Thousand [+]
Productivity 108.40 104.60 109.70 75.90 points [+]
Wage Growth 3.10 0.70 7.10 -3.40 percent [+]
Employment Change 0.80 0.70 2.20 -2.10 percent [+]
Employment Rate 70.80 71.20 71.50 60.90 percent [+]
Full Time Employment 365.90 362.40 365.90 257.80 Thousand [+]