Employment in Cyprus increased by 0.50 percent from the previous period in the first quarter of 2020.

Employment Change in Cyprus averaged 0.41 percent from 1995 until 2020, reaching an all time high of 2.40 percent in the fourth quarter of 2006 and a record low of -2.10 percent in the second quarter of 2013. This page provides - Cyprus Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Employment Change - values, historical data and charts - was last updated on August of 2020.

Employment Change in Cyprus is expected to be 0.89 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Cyprus to stand at 0.88 in 12 months time. In the long-term, the Cyprus Employment Change is projected to trend around 0.87 percent in 2021, according to our econometric models.

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Cyprus Employment Change

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.60 2.40 -2.10 1995 - 2020 percent Quarterly
SA, WDA

Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.80 10.20 16.50 3.00 percent [+]
Employed Persons 416.50 400.80 416.50 135.00 Thousand [+]
Unemployed Persons 32803.00 28481.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.10 1.90 7.80 0.40 percent [+]
Youth Unemployment Rate 19.60 19.60 41.10 7.80 percent [+]
Labour Costs 102.16 117.65 126.56 65.45 points [+]
Job Vacancies 6897.00 8352.00 16194.00 2137.00 [+]
Wages 1956.00 2254.00 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 3.30 2.20 7.10 -3.40 percent [+]
Labor Force Participation Rate 62.50 62.90 64.70 55.50 percent [+]
Part Time Employment 43.10 41.70 50.00 15.80 Thousand [+]
Productivity 101.90 102.30 102.40 76.00 points [+]
Employment Change 0.50 0.60 2.40 -2.10 percent [+]
Employment Rate 70.00 71.00 71.50 60.90 percent [+]
Full Time Employment 361.90 367.30 367.30 257.80 Thousand [+]


Cyprus Employment Change
In Cyprus, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment.