cyprus employment — cyprus employment — Employment in Cyprus grew by 1.8 per cent in the second quarter of 2025 compared to the same period in 2024, reflecting a robust economic landscape driven by sectors such as technology, trade, and tourism.
According to provisional estimates released by the Statistical Service (Cystat) on Friday, total employment reached 508,291 individuals during this period. Among these, 455,484 were classified as employees while 52,807 were self-employed.
Cyprus employment: Key Sectors Fueling Job Growth
The most significant employment increases were observed in the information and communication sector, followed closely by wholesale and retail trade and accommodation and food services. These sectors not only contributed to job creation but also showed marked increases in actual hours worked.
Rise in Hours Worked
In the second quarter of 2025, the number of actual hours worked surged by 2.2 per cent year-on-year, totalling 236,196 hours. This increase was predominantly driven by the same key sectors that experienced employment growth, suggesting a strong demand for labour in these areas.
Wage Growth Highlights Economic Recovery
Compounding these positive employment figures, Cystat reported that average gross monthly earnings in Cyprus rose by 5.4 per cent in the first quarter of 2025 compared to the previous year. The average wage reached €2,509, an increase from €2,382 in 2024. Seasonally adjusted data showed a more modest increase of 1.4 per cent from the fourth quarter of 2024.
Gender-specific wage analysis revealed that male employees earned an average of €2,689, while female employees earned €2,284. This represented annual increases of 5.2 per cent and 5.5 per cent, respectively, indicating progress towards narrowing the gender pay gap.
Unemployment Trends in Cyprus
Despite the encouraging growth in employment, Cystat reported that the number of registered unemployed individuals stood at 11,556 at the end of August 2025. The seasonally adjusted figure rose slightly to 10,225 from 10,149 in July. However, it is noteworthy that unemployment has decreased by 4.3 per cent compared to August 2024.
According to Eurostat, Cyprus’ jobless rate was recorded at 5 per cent in July, which is notably lower than the euro area average of 6.2 per cent, illustrating the relative strength of the Cypriot labour market.
