Tag: unemployment

Cyprus facing labour shortages, turns to third countries

Cyprus June 25, 2025 at 15:01

Cyprus is experiencing a serious labour shortage, with the domestic workforce no longer able to meet the needs of a growing economy. As unemployment...

Unemployment low in Cyprus as firms offer perks to attract staff

Economy June 16, 2025 at 15:52

Cyprus is seeing historically low unemployment, but employers are struggling to fill roles- prompting a wave of new incentives aimed at attracting and retaining...

Cyprus first in EU in youth unemployment reduction

Economy March 13, 2025 at 12:11

According to Eurostat data on the reduction of unemployment among young people, the Republic of Cyprus has the best performance and is ranked first...

Unemployment rate down to 4.5% in Q3, 2024

Economy December 2, 2024 at 15:22

Unemployment rate fell to 4.5% in the 3rd quarter of 2024, according to data published by the Statistical Service on Monday, marking the lowest...

We aim to reduce unemployment below 5%, Labour Minister says

Economy December 2, 2024 at 09:55

The Minister of Labour and Social Insurance, Yannis Panayiotou, announced a target to reduce unemployment below 5%, during the presentation on Friday of the...

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