Philenews

Cyprus Unemployment Remains Low, Youth Unemployment a Concern

Published March 8, 2026, 17:10
Cyprus Unemployment Remains Low, Youth Unemployment a Concern

Unemployment in Cyprus in January 2024 remained below the European average, at 4.2% compared to 5.8% in the EU. However, youth unemployment rose to 15%, a worryingly high rate. The difference between men and women is small, with rates of 4.0% and 4.4% respectively. Cyprus performs better than countries like Spain and Greece, while Poland, the Czech Republic and Malta have the lowest unemployment rates in the EU.