Long Term Unemployment Rate in Cyprus increased to 3 percent in the second quarter of 2021 from 2.80 percent in the first quarter of 2021. source: EUROSTAT

Long Term Unemployment Rate in Cyprus averaged 2.82 percent from 2000 until 2021, 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 December of 2021.

Long Term Unemployment Rate in Cyprus is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Long Term Unemployment Rate is projected to trend around 5.10 percent in 2022 and 4.50 percent in 2023, according to our econometric models.

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Cyprus Long Term Unemployment Rate


Related Last Previous Unit Reference
Unemployment Rate 6.60 6.20 percent Oct/21
Long Term Unemployment Rate 3.00 2.80 percent Jun/21
Youth Unemployment Rate 15.00 15.00 percent Sep/21
Population 0.89 0.88 Million Dec/20
Productivity 107.10 105.70 points Jun/21
Part Time Employment 41.30 42.90 Thousand Jun/21
Full Time Employment 371.60 357.40 Thousand Jun/21
Employment Rate 70.10 68.50 percent Jun/21
Employment Change 0.10 0.50 percent Jun/21
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.