Cyprus maintains high employment rate in second quarter of 2026

In the second quarter of 2026, the employment rate for individuals aged 20 to 64 in Cyprus remained stable at 82.3%, showing no change compared to the first quarter of the year. Data published by Eurostat on Friday indicates that this figure places Cyprus 5.9 percentage points above the European Union average, which saw a marginal increase from 76.3% to 76.4% during the same period.

Across the European Union, employment trends varied, with 14 member states reporting growth, four remaining stable, and nine experiencing a decline. Portugal and Malta recorded the highest growth rates at 0.6 percentage points each, followed by Greece at 0.5 percentage points. Conversely, Austria experienced the most significant drop at 0.4 percentage points, while Lithuania and Sweden saw decreases of 0.3 percentage points. Cyprus's performance remains consistent, as it was among the four countries where employment rates did not fluctuate between the first and second quarters of 2026.