Cyprus Unemployment Rate

Unemployment Rate in Cyprus increased to 16.70 percent in February of 2014 from 16.50 percent in January of 2014. Unemployment Rate in Cyprus is reported by the Eurostat. Unemployment Rate in Cyprus averaged 6.32 Percent from 2000 until 2014, reaching an all time high of 17 Percent in October of 2013 and a record low of 3.30 Percent in March of 2002. In Cyprus, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Cyprus Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
16.70 16.50 17.00 3.30 17.80 | 2014/06 2000 - 2014 Percent Monthly
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Cyprus Unemployment Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-08 10:00 AM Cyprus
Unemployment Rate
Nov 2013 17.3% 17.3%(R) 17.6%
2014-01-31 10:00 AM Cyprus
Unemployment Rate
Dec 2013 17.5% 17.3% 18%
2014-02-28 10:00 AM Cyprus
Unemployment Rate
Jan 2014 16.8% 17.2% (R) 18.4%
2014-04-01 10:00 AM Cyprus
Unemployment Rate
Feb 2014 16.7% 16.5% (R) 18.7%
2014-05-02 10:00 AM Cyprus
Unemployment Rate
Mar 2014 16.7% 18%
2014-06-03 10:00 AM Cyprus
Unemployment Rate
Apr 2014 17.5%
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Labour Last Previous Highest Lowest Forecast Unit
Population 0.86 2012-12-31 0.84 0.86 0.66 0.90 2014-06-30 Million [+]
Unemployment Rate 16.70 2014-02-15 16.50 17.00 3.30 17.80 2014-06-30 Percent [+]
Employed Persons 376.00 2012-12-31 388.70 389.10 135.00 364.50 2014-06-30 Thousand [+]
Job Vacancies 2400.00 2014-01-15 2137.00 16194.00 2137.00 2758.05 2014-06-30 [+]
Labour Costs 116.64 2013-11-15 92.37 128.15 69.79 92.64 2014-06-30 Index Points [+]
Long Term Unemployment Rate 6.40 2013-09-30 5.60 6.40 0.40 8.36 2014-06-30 percent [+]
Retirement Age Men 65.00 2013-01-01 65.00 65.00 65.00 65.00 2014-06-30 [+]
Retirement Age Women 65.00 2013-01-01 65.00 65.00 65.00 65.00 2014-06-30 [+]
Unemployed Persons 71651.00 2013-11-15 72660.00 72660.00 12448.00 83898.96 2014-06-30 Thousand [+]
Wages 2.60 2011-06-30 2.40 28.00 2.20 2.55 2014-06-30 Percent [+]
Youth Unemployment Rate 40.50 2013-12-15 40.80 40.80 7.60 44.59 2014-06-30 Percent [+]
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Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Cyprus Government Budget at -5.40 Percent of GDP  
Cyprus recorded a Government Budget deficit equal to 5.40 percent of the country's Gross Domestic Product in 2013. Government Budget in Cyprus is reported by the Eurostat.
Cyprus Government Debt To GDP at 111.70 Percent  
Cyprus recorded a Government Debt to GDP of 111.70 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Cyprus is reported by the Eurostat.
Cyprus Gold Reserves at 13.87 Tonnes  
Gold Reserves in Cyprus remained unchanged at 13.87 Tonnes in the fourth quarter of 2013 from 13.87 Tonnes in the third quarter of 2013. Gold Reserves in Cyprus is reported by the World Gold Council.
Cyprus Current Account at -270.00 EUR Million  
Cyprus recorded a Current Account deficit of 270 EUR Million in the fourth quarter of 2013. Current Account in Cyprus is reported by the Central Bank of Cyprus.
Cyprus Tourist Arrivals at 45227.00  
Tourist Arrivals in Cyprus increased to 45227 in February of 2014 from 40675 in January of 2014. Tourist Arrivals in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Unemployed Persons at 71651.00 Thousand  
The number of unemployed persons in Cyprus decreased to 71651 Thousand in the fourth quarter of 2013 from 72660 Thousand in the third quarter of 2013. Unemployed Persons in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Yearly Wage Growth Rate at 2.60 Percent  
Wages in Cyprus increased to 2.60 percent in 2011 from 2.40 percent in 2010. Wages in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Youth Unemployment Rate at 40.50 Percent  
Youth Unemployment Rate in Cyprus decreased to 40.50 percent in December of 2013 from 40.80 percent in November of 2013. Youth Unemployment Rate in Cyprus is reported by the Eurostat.
Cyprus Balance of Trade at -213393.00 EUR Thousand  
Cyprus recorded a trade deficit of 213393 EUR Thousand in February of 2014. Balance of Trade in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Exports at 106861.00 EUR Thousand  
Exports in Cyprus decreased to 106861 EUR Thousand in February of 2014 from 110791 EUR Thousand in January of 2014. Exports in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
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