Long Term Unemployment Rate in Cyprus decreased to 2.40 percent in the fourth quarter of 2018 from 2.50 percent in the third quarter of 2018. Long Term Unemployment Rate in Cyprus averaged 2.91 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 7.00 7.10 16.90 3.00 percent [+]
Employed Persons 379.60 363.10 398.20 135.00 Thousand [+]
Unemployed Persons 33383.00 34728.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.40 2.50 7.80 0.40 percent [+]
Youth Unemployment Rate 20.00 20.00 40.50 7.80 percent [+]
Labour Costs 103.32 86.07 116.33 58.87 Index Points [+]
Job Vacancies 8774.00 7126.00 16194.00 2137.00 [+]
Wages 2222.00 1824.00 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 63.10 62.00 64.70 55.50 percent [+]
Part Time Employment 40.20 38.60 50.00 15.80 Thousand [+]
Productivity 106.50 108.30 109.70 75.90 Index Points [+]
Wage Growth 2.90 2.90 7.10 -3.40 percent [+]
Employment Change 0.80 0.90 1.70 -2.50 percent [+]
Employment Rate 69.20 69.50 71.50 60.90 percent [+]
Full Time Employment 354.90 356.80 356.80 257.80 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.50 7.80 0.40 2000 - 2018 percent Quarterly




Country Last Previous
Spain 5.70 Dec/18
Italy 5.60 Sep/18
Euro Area 3.50 Sep/18
France 3.40 Dec/18
Turkey 2.50 Sep/18
Switzerland 1.50 Sep/18
Germany 1.40 Sep/18
Netherlands 1.20 Dec/18
United Kingdom 1.10 Sep/18
United States 0.80 Mar/19


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