Unemployment Declines in Cyprus in Q3 2025, Labour Force Grows

Unemployment Declines in Cyprus in Q3 2025, Labour Force Grows

Fresh labour market data shows overall improvement but rising pressure on young jobseekers.

Unemployment fell to 21,781 people, or 4.1% of the labour force (men 3.7%, women 4.6%) in the third quarter of 2025, compared with 23,073 people (4.5%) in the same quarter of 2024, according to the Cyprus Statistical Service.

Based on the Labour Force Survey results for Q3 2025, the labour force reached 530,992 people, representing 65.6% of the population (men 71.1%, women 60.4%), compared with 516,127 people (65.7%) in Q3 2024.

According to the Statistical Service, the number of employed persons stood at 509,211, with an employment rate of 62.9% (men 68.5%, women 57.6%), compared with 493,054 people (62.7%) in the corresponding quarter of 2024.

Employment Trends in Cyprus

Among individuals aged 20–64, the employment rate reached 81.6% in Q3 2025.

The rate was 86.6% for men and 76.8% for women, compared with 80.7% in Q3 2024 (men 86.3%, women 75.5%), according to the survey results.

For the 55–64 age group, the employment rate in Q3 2025 was 70.9%, slightly lower than 71.0% in Q3 2024.

By sector, Services continued to employ the majority of workers, accounting for 81.4% of total employment, followed by Industry at 16.3% and Agriculture at 2.3%. The corresponding shares in Q3 2024 were: Services 81.9%, Industry 16.2%, and Agriculture 1.9%.

Part-time employment accounted for 8.8% of total employment, or 44,607 people (men 6.8%, women 10.9%). In Q3 2024, the figure was 8.7% (men 6.5%, women 11.1%).

Of all employed persons, 90.2% (459,272 people) were employees, of whom 15.5% (71,008 people) held temporary jobs. In Q3 2024, employees also accounted for 90.2% of the workforce, with 14.5% in temporary employment.

Unemployment

According to the Labour Force Survey, unemployment among young people aged 15–24 reached 13.1% of the labour force in that age group (men 14.1%, women 12.1%), compared with 12.1% (men 10.9%, women 13.4%) in the same quarter of the previous year.

Regarding the duration of unemployment, 63.8% of the unemployed had been looking for work for less than six months, 16.8% for 6–11 months, and 19.4% were long-term unemployed.

The corresponding figures in Q3 2024 were 56.3%, 20.2%, and 23.5%.

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