Cyprus Mail2 Jul 2026

Cyprus records one of EU’s lowest unemployment rates

Cyprus’ seasonally adjusted unemployment rate fell to 3.1 per cent in May 2026, according to figures released by Eurostat on Thursday, marking a further improvement from the previous month and a sharp decline compared with a year earlier.

The latest data showed that Cyprus’ unemployment rate eased from 3.2 per cent in April 2026 and 3.3 per cent in March 2026, while standing well below the 4.5 per cent recorded in May 2025....

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Cyprus records one of EU’s lowest unemployment rates · XploreCyprus