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13-08-2020 13:15

Labour Force Survey (LFS): 2nd quarter 2020, Unemployment 6,8%

According to the results of the Labour Force Survey, the labour force in the 2nd quarter of 2020 amounted to 448.466 persons or 62,2% of the population (males 68,6%, females 56,3%) in comparison to 447.364 persons (62,8%) in the corresponding quarter of 2019 (Table 1).

The number of employed persons was 418.015 and the employment rate 58,0% (males 63,8%, females 52,6%) in comparison to 418.374 persons (58,7%) in the corresponding quarter of 2019.

The number of unemployed persons amounted to 30.451 and the unemployment rate to 6,8% of the labour force (males 7,0%, females 6,6%) in comparison to 28.989 persons (6,5%) in the corresponding quarter of 2019.

 

Employment (Table 2)

For the age group 20-64, the employment rate was 75,2%. The rate for males was 81,1% and for females 69,6%. In the corresponding quarter of 2019 the rate was 76,6% (males 81,9%, females 71,5%). For the age group 55-64 the employment rate was 61,0% in comparison to 62,4% in the corresponding quarter of 2019.

According to the distribution of employment by sector, the biggest percentage of employed persons was in Services (77,1%), followed by Manufacturing (20,0%) and Agriculture (2,9%). For the 2nd quarter of 2019, the corresponding percentages were: Services 79,4%, Manufacturing 18,1% and Agriculture 2,5%.

The share of part-time employment to total employment was 10,7% or 44.700 persons (males 7,4%, females 14,4%). The corresponding rate for the 2nd quarter of 2019 was 11,5% (males 8,2%, females 15,1%).

86,6% or 362.120 of the total number of employed persons were employees, of which 13,8% (49.818 persons) had a temporary job. In the corresponding quarter of 2019 employees accounted for 86,2% of total employment of which 14,4% had a temporary job.

 

Unemployment (Table 3)

For young persons aged 15-24 years old, the unemployment rate was 17,8% of the labour force of the same age group (males 21,8%, females 14,1%) in comparison to 14,9% (males 21,1%, females 9,5%) in the corresponding quarter of last year.

As far as the duration of unemployment is concerned, 57,6% of the total unemployed persons searched for a job for a period of less than 6 months, 15,3% for a period of 6-11 months, whereas a percentage of 27,1% were long-term unemployed. The corresponding rates for the 2nd quarter of 2019 were 50,8%, 17,5% and 31,7%.

 

Table 1

 

 

 

 

Number

 

Percentage (%)

 2nd Quarter2020

2nd Quarter2019

 

2nd Quarter2020

2nd Quarter2019

Labour Force

 

 

 

 

 

Total

448.466

447.364

 

62,2

62,8

Males

238.287

235.993

 

68,6

68,6

Females

210.179

211.370

 

56,3

57,4

 

 

 

 

 

 

Employment

 

 

 

 

 

Total

418.015

418.374

 

58,0

58,7

Males

221.666

221.099

 

63,8

64,2

Females

196.349

197.275

 

52,6

53,6

 

 

 

 

 

 

Unemployment

 

 

 

 

 

Total

30.451

28.989

 

6,8

6,5

Males

16.621

14.894

 

7,0

6,3

Females

13.830

14.095

 

6,6

6,7

 

 

 

 

 

 

 

 

 

Table 2

 

Employment

Number

 

Percentage (%)

 

2nd Quarter2020

2nd Quarter2019

 

2nd Quarter2020

2nd Quarter2019

 

Tot.

Male

Fem.

Tot.

Male

Fem.

 

Tot.

Male

Fem.

Tot.

Male

Fem.

 

Age

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15+

418.015

221.666

196.349

418.374

221.099

197.275

 

58,0

63,8

52,6

58,7

64,2

53,6

 

20–64

402.919

210.864

192.056

401.163

208.371

192.793

 

75,2

81,1

69,6

76,6

81,9

71,5

 

55–64

64.437

37.554

26.883

65.135

37.348

27.788

 

61,0

73,0

49,6

62,4

72,4

52,5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sector

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agriculture

12.073

8.898

3.174

10.476

7.962

2.514

 

2,9

4,0

1,6

2,5

3,6

1,3

 

Industry

83.490

69.860

13.630

75.570

61.402

14.168

 

20,0

31,5

7,0

18,1

27,8

7,2

 

Services

322.451

142.906

179.544

332.327

151.735

180.593

 

77,1

64,5

91,4

79,4

68,6

91,5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Full-time

373.315

205.288

168.027

370.416

203.023

167.392

 

89,3

92,6

85,6

88,5

91,8

84,9

 

Part-time

44.700

16.378

28.322

47.959

18.076

29.883

 

10,7

7,4

14,4

11,5

8,2

15,1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prof. Status

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self-employed

55.895

36.856

19.039

57.628

36.383

21.245

 

13,4

16,6

9,7

13,8

16,5

10,8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employees

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

362.120

184.810

177.310

360.746

184.716

176.030

 

86,6

83,4

90,3

86,2

83,5

89,2

 

Permanent

312.302

169.011

143.291

308.812

166.168

142.645

 

86,2

91,5

80,8

85,6

90,0

81,0

 

Temporary

49.818

15.799

34.019

51.934

18.548

33.385

 

13,8

8,5

19,2

14,4

10,0

19,0

 

 

 

 

Table 3

Unemployment

Number

 

Percentage (%)

2nd Quarter2020

2nd Quarter2019

 

2nd Quarter2020

2nd Quarter2019

Tot.

Male

Fem.

Tot.

Male

Fem.

 

Tot.

Male

Fem.

Tot.

Male

Fem.

Age

 

 

 

 

 

 

 

 

 

 

 

 

 

15+

30.451

16.621

13.830

28.989

14.894

14.095

 

6,8

7,0

6,6

6,5

6,3

6,7

15–24

5.941

3.517

2.424

5.341

3.520

1.821

 

17,8

21,8

14,1

14,9

21,1

9,5

25–64

24.453

13.047

11.407

23.461

11.187

12.275

 

6,1

6,1

6,0

5,9

5,4

6,5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Duration

 

 

 

 

 

 

 

 

 

 

 

 

 

< 6 μήνες

17.548

9.433

8.115

14.729

7.603

7.127

 

57,6

56,8

58,7

50,8

51,0

50,5

6–11 μήνες

4.643

2.450

2.192

5.080

2.986

2.094

 

15,3

14,7

15,8

17,5

20,1

14,9

12+ μήνες

8.260

4.738

3.521

9.181

4.305

4.876

 

27,1

28,5

25,5

31,7

28,9

34,6

 

Note: Figures may not add up to totals due to rounding error.

 

Methodological information

 

Survey Identity

The Labour Force survey (LFS) is conducted in all European Union Member States in accordance with Council Regulation 577/98 of the European Union every quarter. The aim of the survey is the collection of data which are useful in the formulation of policy on labour matters (employment, unemployment) and for pursuing and evaluating the programs that are applied both by the Government and by the European Union.

 

Coverage and collection of data

The LFS covers a sample of 3.800 households in all districts of Cyprus, which are allocated according to the number of households that reside in urban and rural areas. For comparability of the results, in all Member States, the survey covers the population of private households only. It does not cover persons residing in collective households (i.e. institutions, homes for the aged, hospitals, monasteries etc.), conscripts on compulsory military service, students who study abroad and Cypriots who work abroad.

The collection of data from the Statistical Service is done with personal interviews and the use of portable computers as well as with telephone interviews.

 

Definitions

Labour Force / Economically Active Population – The total number of the employed and unemployed persons aged 15 years and over.

Employed - Persons aged 15 years and over who during the reference week worked for at least one hour, as well as persons who had a job but were temporarily absent from work.

Unemployed – Persons aged 15 years and over who comply to the following standards:

 

• Neither worked nor had a job from which they were temporarily absent during the reference week

• They had actively sought for work, i.e. had taken specific steps during the previous 4 weeks to find work

• They were available to start work within the 2 weeks following the reference week

And or,

• Persons who neither worked nor had a job from which they were temporarily absent, but found a job which will start within a period of at most 3 months

• They were available to start work within the 2 weeks following the reference week

 

Long-term unemployed – Persons aged 15 years and over who searched for work for a period of 12 months or more.

Inactive – Persons aged 15 years and over who are neither employed nor unemployed.

Labour Force participation rate – The number of persons in the Labour Force for any group expressed as a percentage of the total population in the same group.

Employment rate - The number of employed persons for any group expressed as a percentage of the total population in the same group.

Unemployment rate – The number of unemployed persons of any group expressed as a percentage of the labour force in the same group. 

 

Further information:

Statistical Service (CYSTAT) Website, subthemes Employment and Unemployment

 

Contact

Christophoros Michaelides: Τel: +35722602154, Email: cmichaelides@cystat.mof.gov.cy

Eleni Christodoulidou: Tel: +35722602142, Email: echristodoulidou@cystat.mof.gov.cy

 

(ND/SCH)