Employment Rate in Cyprus decreased to 68.50 percent in the first quarter of 2021 from 69.90 percent in the fourth quarter of 2020. source: EUROSTAT

Employment Rate in Cyprus averaged 67.33 percent from 2000 until 2021, reaching an all time high of 71.50 percent in the fourth quarter of 2007 and a record low of 60.90 percent in the first quarter of 2014. This page provides - Cyprus Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Employment Rate - values, historical data and charts - was last updated on October of 2021.

Employment Rate in Cyprus is expected to be 72.06 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Employment Rate is projected to trend around 73.79 percent in 2022 and 74.84 percent in 2023, according to our econometric models.

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Cyprus Employment Rate

Cyprus Employment Rate
In Cyprus, the employment rate measures the number of people who have a job as a percentage of the working age population.

Cyprus Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.40 percent Aug/21 5.20 16.50 3.00
Long Term Unemployment Rate 2.80 percent Mar/21 2.40 7.80 0.40
Youth Unemployment Rate 20.10 percent Jun/21 20.10 40.30 7.80
Population 0.89 Million Dec/20 0.88 0.89 0.50
Productivity 107.10 points Jun/21 105.70 107.10 76.00
Part Time Employment 41.30 Thousand Jun/21 42.90 50.00 15.80
Full Time Employment 371.60 Thousand Jun/21 357.40 371.60 257.80
Employment Rate 68.50 percent Mar/21 69.90 71.50 60.90
Employment Change 0.80 percent Mar/21 0.60 2.40 -2.10