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26-11-2020 15:03

Labour Force Survey (LFS): 3rd quarter 2020 (Unemployment 8,2%)

According to the results of the Labour Force Survey, the labour force in the 3rd quarter of 2020 amounted to 452.154 persons or 62,9% of the population (males 70,0%, females 56,4%) in comparison to 447.206 persons (63,0%) in the corresponding quarter of 2019 (Table 1).

The number of employed persons was 414.920 and the employment rate 57,7% (males 64,5%, females 51,5%) in comparison to 417.118 persons (58,7%) in the corresponding quarter of 2019.

The number of unemployed persons amounted to 37.234 and the unemployment rate to 8,2% of the labour force (males 7,9%, females 8,6%) in comparison to 30.088 persons (6,7%) in the corresponding quarter of 2019.

Employment (Table 2)

For the age group 20-64, the employment rate was 74,5%. The rate for males was 81,4% and for females 68,0%. In the corresponding quarter of 2019, the rate was 75,7% (males 82,6%, females 69,2%). For the age group 55-64 the employment rate was 61,9% in comparison to 61,7% in the corresponding quarter of 2019.

According to the distribution of employment by sector, the biggest percentage of employed persons was in Services (77,3%), followed by Manufacturing (19,8%) and Agriculture (2,9%). For the 3rd quarter of 2019, the corresponding percentages were: Services 78,8%, Manufacturing 18,9% and Agriculture 2,3%.

The share of part-time employment to total employment was 10,2% or 42.481 persons (males 7,9%, females 13,0%). The corresponding rate for the 3rd quarter of 2019 was 10,6% (males 7,8%, females 13,9%).

86,1% or 357.298 of the total employed persons were employees, of which 13,1% (46.849 persons) had a temporary job. In the corresponding quarter of 2019 employees accounted for 86,5% of total employment of which 14,2% had a temporary job.

Unemployment (Table 3)

For young persons aged 15-24 years old, the unemployment rate was 20,4% of the labour force of the same age group (males 30,2%, females 10,8%) in comparison to 15,6% (males 18,3%, females 13,3%) in the corresponding quarter of last year.

As far as the duration of unemployment is concerned, 53,3% of the total unemployed persons searched for a job for a period of less than 6 months, 19,6% for a period of 6-11 months, whereas a percentage of 27,1% were long-term unemployed. The corresponding rates for the 3rd quarter of 2019 were 57,8%, 11,3% and 30,9%.

Table 1

 

 

 

 

Number

 

Percentage (%)

 3rd Quarter2020

3rd Quarter2019

 

3rd Quarter2020

3rd Quarter2019

Labour Force

 

 

 

 

 

Total

452.154

447.206

 

62,9

63,0

Males

241.248

236.536

 

70,0

69,5

Females

210.906

210.670

 

56,4

56,9

 

 

 

 

 

 

Employment

 

 

 

 

 

Total

414.920

417.118

 

57,7

58,7

Males

222.199

224.082

 

64,5

65,9

Females

192.721

193.035

 

51,5

52,2

 

 

 

 

 

 

Unemployment

 

 

 

 

 

Total

37.234

30.088

 

8,2

6,7

Males

19.048

12.453

 

7,9

5,3

Females

18.186

17.635

 

8,6

8,4

 

Table 2

 

Employment

Number

 

Percentage (%)

 

3rd Quarter2020

3rd Quarter2019

 

3rd Quarter2020

3rd Quarter2019

 

Tot.

Male

Fem.

Tot.

Male

Fem.

 

Tot.

Male

Fem.

Tot.

Male

Fem.

 

Age

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15+

414.920

222.199

192.721

417.118

224.082

193.035

 

57,7

64,5

51,5

58,7

65,9

52,2

 

20–64

400.021

212.058

187.963

401.775

212.869

188.905

 

74,5

81,4

68,0

75,7

82,6

69,2

 

55–64

65.667

38.526

27.141

63.818

37.496

26.322

 

61,9

74,7

49,8

61,7

73,9

50,0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sector

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agriculture

11.778

8.938

2.840

9.630

7.262

2.368

 

2,9

4,0

1,5

2,3

3,2

1,2

 

Industry

82.272

68.788

13.484

78.952

65.218

13.736

 

19,8

31,0

7,0

18,9

29,1

7,1

 

Services

320.868

144.474

176.398

328.535

151.603

176.933

 

77,3

65,0

91,5

78,8

67,7

91,7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Full-time

372.439

204.704

167.735

372.877

206.693

166.184

 

89,8

92,1

87,0

89,4

92,2

86,1

 

Part-time

42.481

17.495

24.985

44.241

17.389

26.851

 

10,2

7,9

13,0

10,6

7,8

13,9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prof. Status

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self-employed

57.622

38.475

19.147

56.328

36.499

19.828

 

13,9

17.3

9,9

13,5

16,3

10.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employees

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

357.298

183.724

173.574

360.790

187.583

173.207

 

86,1

82,7

90,1

86,5

83,7

89,7

 

Permanent

310.449

166.851

143.598

309.679

169.425

140.254

 

86,9

90,8

82,7

85,8

90,3

81,0

 

Temporary

46.849

16.873

29.976

51.111

18.158

32.953

 

13,1

9,2

17,3

14,2

9,7

19,0

 

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 of 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

 

(IK/II)