Nicosia, Cyprus. Cyprus’ unemployment rate fell to 4.3% in March 2026, down from 4.6% a year earlier, according to Eurostat.
Cyprus unemployment levels
Eurostat estimated the number of unemployed people in Cyprus at around 23,000 in March 2026, compared with 24,000 in March 2025.
Euro area and EU unemployment rates
Across the euro area, the seasonally adjusted unemployment rate was 6.2% in March 2026, down from 6.3% in February 2026 and from 6.3% in March 2025.
At the European Union level, the unemployment rate stood at 6% in March 2026, unchanged from both February 2026 and March 2025.
EU and euro area unemployment totals
Eurostat estimated that 13.22 million people were unemployed in the EU in March 2026, including 10.98 million in the euro area.
Compared with February 2026, unemployment decreased by 25,000 in the EU and by 63,000 in the euro area.
Compared with March 2025, unemployment declined by 24,000 in the EU and by 170,000 in the euro area.
Youth unemployment
In March 2026, 2.97 million people under 25 were unemployed in the EU, including 2.35 million in the euro area.
The youth unemployment rate stood at 15.4% in the EU, up from 15.3% in February 2026.
What do you think the latest unemployment figures suggest about labour market conditions in Cyprus?
