Cyprus labor market trends in 2026 and Eurostat 2025 workplace data

Cyprus reported a decrease in unemployment to 4.0% in the first quarter of 2026, down from 5.0% in the same period of 2025, with 21,246 unemployed persons recorded. Employment grew to 510,265 workers, reaching an employment rate of 62.1%. Regarding youth statistics, the NEET rate (not in employment, education, or training) for those aged 15-29 in Cyprus dropped to 10.6% in 2025, compared to 18.6% in 2015. EU-wide, the NEET rate was 11.0% in 2025, approaching the target of 9% by 2030. Working hour data for 2025 shows that the average actual work week in Cyprus was 37.7 hours, with men working an average of 39 hours and women 36.3 hours. Across the EU, the average work week was 35.9 hours, with the longest hours recorded in Greece (39.6 hours) and the shortest in the Netherlands (31.9 hours). The majority of Cypriot employees worked between 40 and 44.5 hours per week in 2025, accounting for 34.3% of the workforce.