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 May 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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Cyprus Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.20 1.80 7.80 0.40 2000 - 2020 percent Quarterly

Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 6.80 16.50 3.00 percent [+]
Employed Persons 417.40 416.50 417.40 135.00 Thousand [+]
Unemployed Persons 36677.00 37234.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.20 1.80 7.80 0.40 percent [+]
Youth Unemployment Rate 18.70 18.70 41.10 7.80 percent [+]
Labour Costs 116.85 94.72 126.56 65.45 points [+]
Job Vacancies 7141.00 6944.00 16194.00 2137.00 [+]
Wages 2267.00 1914.00 2296.00 1360.00 EUR/Month [+]
Population 0.89 0.88 0.89 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 0.40 2.40 7.10 -3.40 percent [+]
Labor Force Participation Rate 62.90 62.20 64.70 55.50 percent [+]
Productivity 107.60 104.00 107.60 76.00 points [+]
Part Time Employment 41.80 37.30 50.00 15.80 Thousand [+]
Employment Change -0.40 -0.90 2.40 -2.10 percent [+]
Employment Rate 69.90 69.70 71.50 60.90 percent [+]
Full Time Employment 364.80 364.80 367.30 257.80 Thousand [+]


Cyprus Long Term Unemployment Rate
In Cyprus, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.