Long Term Unemployment Rate in Cyprus decreased to 2.50 percent in the second quarter of 2018 from 3.20 percent in the first quarter of 2018. Long Term Unemployment Rate in Cyprus averaged 2.93 percent from 2000 until 2018, 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.

Cyprus Long Term Unemployment Rate
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Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 8.40 16.70 3.00 percent [+]
Employed Persons 367.30 358.20 398.20 135.00 Thousand [+]
Unemployed Persons 34728.00 31888.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.50 3.20 7.80 0.40 percent [+]
Youth Unemployment Rate 19.00 19.00 40.50 7.80 percent [+]
Labour Costs 86.07 88.94 116.33 58.87 Index Points [+]
Job Vacancies 8156.00 8630.00 16194.00 2137.00 [+]
Wages 1827.00 1853.00 2296.00 1360.00 EUR/Month [+]
Population 0.86 0.85 0.87 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 [+]
Labor Force Participation Rate 62.00 62.00 64.70 55.50 percent [+]
Part Time Employment 44.60 45.50 50.00 15.80 Thousand [+]
Productivity 108.30 104.60 109.70 75.90 Index Points [+]
Wage Growth 1.40 1.00 7.10 -3.40 percent [+]
Employment Change 1.00 0.70 1.70 -2.50 percent [+]
Employment Rate 69.40 66.20 71.50 60.90 percent [+]
Full Time Employment 347.40 330.60 355.90 257.80 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. This page provides - Cyprus Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Long Term Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 3.20 7.80 0.40 2000 - 2018 percent Quarterly




Country Last Previous
Spain 6.60 Jun/18
Italy 6.40 Jun/18
Euro Area 3.90 Jun/18
France 3.40 Sep/18
Turkey 2.30 Jun/18
Switzerland 1.80 Jun/18
Netherlands 1.60 Jun/18
Germany 1.40 Jun/18
United Kingdom 1.00 Jun/18
United States 0.77 Nov/18


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