The number of unemployed persons in Cyprus decreased to 30451 in the second quarter of 2020 from 32803 in the first quarter of 2020. source: Statistical Service of the Republic of Cyprus

Unemployed Persons in Cyprus averaged 37017.80 from 2004 until 2020, reaching an all time high of 77142 in the first quarter of 2015 and a record low of 12448 in the second quarter of 2008. This page provides - Cyprus Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Unemployed Persons - values, historical data and charts - was last updated on November of 2020.

Unemployed Persons in Cyprus is expected to be 28885.32 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Cyprus to stand at 30883.69 in 12 months time. In the long-term, the Cyprus Unemployed Persons is projected to trend around 29196.06 in 2021 and 28482.52 in 2022, according to our econometric models.

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Cyprus Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
30451.00 32803.00 77142.00 12448.00 2004 - 2020 Quarterly
Volume, NSA

Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.00 7.40 16.50 3.00 percent [+]
Employed Persons 416.50 400.80 416.50 135.00 Thousand [+]
Unemployed Persons 30451.00 32803.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 1.80 2.10 7.80 0.40 percent [+]
Youth Unemployment Rate 19.90 19.90 41.10 7.80 percent [+]
Labour Costs 105.57 102.16 126.56 65.45 points [+]
Job Vacancies 6294.00 6367.00 16194.00 2137.00 [+]
Wages 1925.00 1945.00 2296.00 1360.00 EUR/Month [+]
Population 0.88 0.86 0.88 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 [+]
Wage Growth 1.70 2.60 7.10 -3.40 percent [+]
Labor Force Participation Rate 62.50 62.90 64.70 55.50 percent [+]
Part Time Employment 40.20 43.10 50.00 15.80 Thousand [+]
Productivity 99.50 101.90 102.40 76.00 points [+]
Employment Change -0.90 0.50 2.40 -2.10 percent [+]
Employment Rate 69.90 70.00 71.50 60.90 percent [+]
Full Time Employment 365.30 361.90 367.30 257.80 Thousand [+]


Cyprus Unemployed Persons
In Cyprus, unemployed persons are individuals who are without a job and actively seeking to work.