Cyprus unemployment rate rises slightly to 4.1 percent in August 2026

According to data released by Eurostat on October 1, 2026, the seasonally adjusted unemployment rate in Cyprus rose to 4.1% in August 2026, compared to 4.0% in July. The total number of unemployed individuals increased to 22,000, up from 21,000 the previous month.

Breaking down the statistics, the unemployment rate for men remained stable at 3.7% in August, while the rate for women rose to 4.5% from 4.3% in July. In comparison to August 2025, the total unemployment rate was slightly higher at 4.2% with 22,000 unemployed. Youth unemployment (under 25 years) was recorded at 11.9% in June 2026, marking a decrease from the 13.0% reported in August 2025.

Throughout the current year, the Cypriot unemployment rate showed fluctuation, standing at 3.8% in May and 3.9% in June. These figures are released as part of the broader European Union assessment, which reported a stable unemployment rate of 6.1% across the EU during the same period in August.