Labor Force Participation Rate in Cyprus increased to 63.90 percent in the second quarter of 2021 from 62.20 percent in the first quarter of 2021. source: Statistical Service of the Republic of Cyprus

Labor Force Participation Rate in Cyprus averaged 62.98 percent from 1999 until 2021, reaching an all time high of 64.70 percent in the third quarter of 2007 and a record low of 55.50 percent in the second quarter of 1999. This page provides - Cyprus Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Labor Force Participation Rate - values, historical data and charts - was last updated on October of 2021.

Labor Force Participation Rate in Cyprus is expected to be 62.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Labor Force Participation Rate is projected to trend around 62.21 percent in 2022, according to our econometric models.

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Cyprus Labor Force Participation Rate


Cyprus Last Unit Reference Previous Highest Lowest
Unemployed Persons 39224.00 Jun/21 38970.00 77142.00 12448.00
Employed Persons 417.40 Thousand Dec/20 416.50 417.40 135.00
Job Vacancies 11297.00 Aug/21 10981.00 16194.00 2137.00
Wage Growth 1.70 percent Jun/21 -2.60 7.10 -3.40
Labor Force Participation Rate 63.90 percent Jun/21 62.20 64.70 55.50