Employment Rate in Cyprus decreased to 70 percent in the first quarter of 2020 from 71 percent in the fourth quarter of 2019.
Employment Rate in Cyprus averaged 67.21 percent from 2000 until 2020, 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 August of 2020.
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. Looking forward, we estimate Employment Rate in Cyprus to stand at 72.21 in 12 months time. In the long-term, the Cyprus Employment Rate is projected to trend around 73.79 percent in 2021 and 74.84 percent in 2022, according to our econometric models.