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02-03-2021 12:58

Labour Force Survey (LFS): 4th Quarter 2020

Unemployment 8,0% 

According to the results of the Labour Force Survey, the labour force in the 4th quarter of 2020 amounted to 456.101 persons or 63,1% of the population (males 70,3%, females 56,5%) in comparison to 449.784 persons (62,9%) in the corresponding quarter of 2019 (Table 1).

The number of employed persons was 419.424 and the employment rate 58,1% (males 64,4%, females 52,1%) in comparison to 421.303 persons (59,0%) in the corresponding quarter of 2019.

The number of unemployed persons amounted to 36.677 and the unemployment rate to 8,0% of the labour force (males 8,3%, females 7,8%) in comparison to 28.481 persons (6,3%) in the corresponding quarter of 2019.

For 2020 the unemployment rate reached 7,6% in comparison to 7,1% in 2019. 

Employment (Table 2)

For the age group 20-64, the employment rate was 75,0%. The rate for males was 81,5% and for females 68,8%. In the corresponding quarter of 2019, the rate was 76,0% (males 81,7%, females 70,7%). For the age group 55-64 the employment rate was 61,5% in comparison to 61,4% in the corresponding quarter of 2019.

According to the distribution of employment by sector, the biggest percentage of employed persons was in Services (78,3%), followed by Manufacturing (19,2%) and Agriculture (2,5%). For the 4th quarter of 2019, the corresponding percentages were: Services 78,4%, Manufacturing 18,9% and Agriculture 2,7%.

The share of part-time employment to total employment was 11,4% or 47.716 persons (males 9,2%, females 13,9%). The corresponding rate for the 4th quarter of 2019 was 11,1% (males 7,3%, females 15,3%).

86,6% or 363.325 of the total employed persons were employees, of which 13,1% (47.473 persons) had a temporary job. In the corresponding quarter of 2019 employees accounted for 86,5% of total employment of which 14,1% had a temporary job.

Unemployment (Table 3)

For young persons aged 15-24 years old, the unemployment rate was 19,9% of the labour force of the same age group (males 28,4%, females 10,9%) in comparison to 16,0% (males 15,9%, females 16,0%) in the corresponding quarter of last year.

As far as the duration of unemployment is concerned, 45,1% of the total unemployed persons searched for a job for a period of less than 6 months, 25,2% for a period of 6-11 months, whereas a percentage of 29,7% were long-term unemployed. The corresponding rates for the 4th quarter of 2019 were 50,4%, 19,2% and 30,4%.

Table 1

 

 

 

 

Number

 

Percentage (%)

4th Quarter2020

4th Quarter2019

 

4th Quarter2020

4th Quarter2019

Labour Force

 

 

 

 

 

Total

456.101

449.784

 

63,1

62,9

Males

244.510

236.296

 

70,3

68,8

Females

211.591

213.489

 

56,5

57,6

 

 

 

 

 

 

Employment

 

 

 

 

 

Total

419.424

421.303

 

58,1

59,0

Males

224.261

222.707

 

64,4

64,8

Females

195.162

198.596

 

52,1

53,5

 

 

 

 

 

 

Unemployment

 

 

 

 

 

Total

36.677

28.481

 

8,0

6,3

Males

20.248

13.589

 

8,3

5,8

Females

16.429

14.893

 

7,8

7,0

 

Table 2

 

Employment

Number

 

Percentage (%)

 

4th Quarter2020

4th Quarter2019

 

4th Quarter2020

4th Quarter2019

 

Tot.

Male

Fem.

Tot.

Male

Fem.

 

Tot.

Male

Fem.

Tot.

Male

Fem.

 

Age

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15+

419.424

224.261

195.162

421.303

222.707

198.596

 

58,1

64,4

52,1

59,0

64,8

53,5

 

20–64

403.751

213.061

190.689

405.335

211.263

194.071

 

75,0

81,5

68,8

76,0

81,7

70,7

 

55–64

64.998

38.020

26.977

64.283

37.384

26.899

 

61,5

74,2

49,6

61,4

72,9

50,4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sector

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agriculture

10.733

7.652

3.081

11.516

8.369

3.147

 

2,5

3,4

1,6

2,7

3,8

1,6

 

Industry

80.406

66.365

14.040

79.370

64.924

14.446

 

19,2

29,6

7,2

18,9

29,1

7,3

 

Services

328.287

150.244

178.042

330.417

149.415

181.003

 

78,3

67,0

91,2

78,4

67,1

91,1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Full-time

371.708

203.664

168.044

374.693

206.553

168.140

 

88,6

90,8

86,1

88,9

92,7

84,7

 

Part-time

47.716

20.597

27.118

46.610

16.154

30.456

 

11,4

9,2

13,9

11,1

7,3

15,3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prof. Status

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self-employed

56.099

36.325

19.773

57.070

35.755

21.315

 

13,4

16,2

10,1

13,5

16,1

10,7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employees

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

363.325

187.936

175.389

364.233

186.952

177.281

 

86,6

83,8

89,9

86,5

83,9

89,3

 

Permanent

315.852

171.296

144.555

313.069

169.422

143.647

 

86,9

91,1

82,4

85,9

90,6

81,0

 

Temporary

47.473

16.640

30.834

51.164

17.530

33.634

 

13,1

8,9

17,6

14,1

9,4

19,0

 

 

Table 3

Unemployment

Number

 

Percentage (%)

4th Quarter2020

4th Quarter2019

 

4th Quarter 2020

4th Quarter2019

Tot.

Male

Fem.

Tot.

Male

Fem.

 

Tot.

Male

Fem.

Tot.

Male

Fem.

Age

 

 

 

 

 

 

 

 

 

 

 

 

 

15+

36.677

20.248

16.429

28.481

13.589

14.893

 

8,0

8,3

7,8

6,3

5,8

7,0

15–24

7.570

5.566

2.004

5.903

2.761

3.141

 

19,9

28,4

10,9

16,0

15,9

16,0

25–64

28.854

14.574

14.280

22.578

10.828

11.752

 

7,1

6,8

7,5

5,6

5,2

6,2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Duration

 

 

 

 

 

 

 

 

 

 

 

 

 

< 6 μήνες

16.531

8.636

7.896

14.354

7.090

7.264

 

45,1

42,7

48,1

50,4

52,2

48,8

6–11 μήνες

9.239

5.634

3.605

5.461

2.379

3.081

 

25,2

27,8

21,9

19,2

17,5

20,7

12+ μήνες

10.908

5.979

4.927

8.666

4.119

4.547

 

29,7

29,5

30,0

30,4

30,3

30,5

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

 

EH/II