Ensuring the stable and positive course of the Cypriot economy, which remains among the fastest-growing in the European Union, is directly linked to the ability to address challenges in the areas of productivity, innovation and skills. For Cypriot businesses, the availability of qualified human resources is a key prerequisite for growth, competitiveness and the exploitation of new technologies.
In the speech of the President of the Republic, Nikos Christodoulides, delivered by the Minister of Labour and Social Security, Marinos Moushouttas, at the opening of the 9th National Skills Competition “SkillsCyprus 2026” underway at the State Fair from 29 to 31 October, the need to strengthen technical and vocational education was underlined, as well as the importance of linking it to the real needs of the labour market.
The President of the Republic, under whose auspices this year's competition is held, sent a message of support to the young men and women of Cyprus, characterizing them as a key driving force of the economy and society. The competition, organized by the Productivity Center of the Ministry of Labour since 2010, highlights the potential of young people in technical and professional subjects and highlights the professional development prospects offered by these sectors.
Particular emphasis was placed on the low participation of students in vocational education in Cyprus. According to European Commission data cited in the speech, the percentage of secondary school students attending vocational education programs is 17.9%, compared to a European average of 52.4%. This gap demonstrates the scope for strengthening technical training and the attractiveness of vocational pathways.
At the same time, it was noted that the challenges of the economy include the shortage of labour, the need to improve the quality of employment and enhance the participation of more groups in the labour market. For businesses, these factors are directly linked to finding suitable employees, filling specialized positions and maintaining their production capacity.
In the same context, reference was made to the operation and expansion of the Technical High School institution, as part of the effort to enhance the educational choices of young people. At the same time, the importance of digital and green skills, as well as entrepreneurship, was emphasized, so that young people have broader resources for the demands of the modern labour market.
The speech also included a reference to the transformation brought about by artificial intelligence. As noted, technical specialties that require hands-on work, judgment, adaptation and problem-solving present particular prospects, as technology is expected to change many jobs and boost the demand for workers with modern technical knowledge.
The message to the business community is clear: investing in skills and vocational training is a key factor for the future growth of the Cypriot economy. Closer links between education and the labour market can help address staff shortages, improve productivity and create more opportunities for the younger generation.
(Source: InBusinessNews)
