Long Term Unemployment Rate in Cyprus increased to 2.20 percent in the third quarter of 2020 from 1.80 percent in the second quarter of 2020. source: EUROSTAT
Long Term Unemployment Rate in Cyprus averaged 2.83 percent from 2000 until 2020, 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. This page provides - Cyprus Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Long Term Unemployment Rate - values, historical data and charts - was last updated on February of 2021.
Long Term Unemployment Rate in Cyprus is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Cyprus to stand at 1.80 in 12 months time. In the long-term, the Cyprus Long Term Unemployment Rate is projected to trend around 1.80 percent in 2021 and 1.40 percent in 2022, according to our econometric models.