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Cyprus unemployment rate rises to 3.9% in July

Cyprus’ seasonally adjusted unemployment rate increased to 3.9% in July 2026, while remaining below the level recorded a year earlier.

Cyprus unemployment rate rises to 3.9% in July
Photo: illustrative photo · Cyprus Inform

Nicosia, Cyprus. Cyprus’ seasonally adjusted unemployment rate rose to 3.9 per cent in July 2026 from 3.8 per cent in June, Eurostat reported. The rate remained below the 4.3 per cent recorded in July 2025.


Unemployment in Cyprus

Eurostat estimated that around 21,000 people were unemployed in Cyprus in July, compared with approximately 20,000 in June, May and April.

The July figure was about 1,000 higher than in each of the previous three months, but approximately 2,000 lower than a year earlier.

EU and euro area figures

Cyprus continued to report a lower unemployment rate than the EU and euro area averages.

The seasonally adjusted unemployment rate across the EU stood at 6.1 per cent in July, unchanged from June and up from 6.0 per cent in July 2025.

In the euro area, unemployment was 6.4 per cent, unchanged from June and slightly higher than the 6.3 per cent recorded a year earlier.

Eurostat estimated that 13.516 million people were unemployed across the EU in July, including 11.264 million in the euro area. Compared with June, the number of unemployed people fell by 41,000 in the EU and remained unchanged in the euro area.

Compared with July 2025, unemployment increased by 296,000 in the EU and by 175,000 in the euro area.

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