Cyprus unemployment at 7.3% in February

16:20 - 31 March 2023

Economy

The seasonally-adjusted unemployment rate in Cyprus fell slightly to 7.3% in February 2023 (from 7.4% in January), having however increased compared to February 2022 (from 6.1%), according to figures by Eurostat.

In the euro area, the unemployment rate remained stable at 6.6% compared to January 2023 and decreased from 6.8% in February 2022. The EU unemployment rate was 6.0% in February 2023, down from 6.1% in January 2023 and from 6.2% in February 2022.

In Cyprus, unemployment among women remained stable at 8.7% compared to the previous month, though it was significantly higher than unemployment among men which also remained stable at 6.1%.

Cyprus unemployment at 7.3% in February

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