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Announcement by the Cyprus Statistical Service – Labour Force Survey – Unemployment 4,5%

According to the results of the Labour Force Survey, the labour force in the 3rd quarter of 2024 amounted to 516.127 persons or 65,7% of the population (males 71,0%, females 60,7%) in comparison to 511.596 persons (65,7%) in the corresponding quarter of 2023 (Table 1).

The number of employed persons was 493.054 and the employment rate 62,7% (males 68,0%, females 57,8%) in comparison to 483.317 persons (62,1%) in the corresponding quarter of 2023.

The number of unemployed persons amounted to 23.073 and the unemployment rate to 4,5% of the labour force (males 4,2%, females 4,8%) in comparison to 28.280 persons (5,5%) in the corresponding quarter of 2023.

Read the full announcement here (Graphs & Tables)