Employment Rate in Cyprus decreased to 70.80 percent in the third quarter of 2019 from 71.20 percent in the second quarter of 2019. Cyprus Employment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Employment Rate in Cyprus averaged 67.11 percent from 2000 until 2019, 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.

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.

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Cyprus Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.80 71.20 71.50 60.90 2000 - 2019 percent Quarterly

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.