Insider Economy No jobs for Cyprus’ youth

No jobs for Cyprus’ youth

Even though Cyprus’ unemployment rate has fallen in recent years, young people still find it hard to find a job. In fact, unemployment among young people is above 20%.

In addition, Cypriot young graduates have the fourth lowest employment rate in Europe, according to the latest evaluation report of the European Commission on the integration of the long-term unemployed in the labour market analysed by

Specifically, Cyprus is at 71.5% of the employment index, well below the European average of 80.2%. The European index relates to young people aged 20-34 who have just graduated. However, the rate of employment in Cyprus has risen now by two points from 2014 to 68.7%.

At the same time, Statistical Service of Cyprus data for both 2017 and 2018 shows that unemployment among young people aged 25-34 (tertiary education graduates) stood at 20.7% in 2017 and at 19.9% in 2018. In other words, one in five unemployed is a young graduate.

In 2017, unemployed youth aged 25 to 34 were 16,312 with unemployed tertiary education graduates numbering 9,749. Considering that the total number of unemployed was 47,166 then 34.5% are young unemployed and 20.7% are graduates of tertiary level education.

In 2018, the numbers were slightly improved. Of a total of 36,617 unemployed, 32.9% were young (12,043) of whom 7,288 tertiary level graduates. That is, 19.9% ​​of unemployed were young graduates of tertiary level education.

Malta has the highest employment rate of graduates in Europe standing at 94.5%, followed by Germany (90.9%) and the Netherlands (90.4%). Just behind these three countries but with still with impressive numbers is Czech Republic (89.9%), Austria (89.4%), Luxembourg (88.5%) and Sweden with 88.3%. In the United Kingdom, young graduates have an employment rate of 86.6%, which is 4% higher than the European average.


Read more:

Top Stories

Greece suspends Qatar flights till mid-June after 12 test positive

Greece on Tuesday suspended flights to and from Qatar after 12 individuals on a plane from Doha tested positive for the new coronavirus. The individuals...

Masks mandatory for bus passengers from June 9

  Buses will from June 9 be able to carry passengers at full capacity, but all passengers must wear masks, the Transport Ministry said on...

Limassol: Fire raging near Yermasoyia dam

  Fire fighters have responded to a large fire which broke out near Yermasoyia dam on Tuesday afternoon. Philenews reports that the fire is raging fairly...

Vienna State Opera’s full programme of June streaming performances

Vienna State Opera has published its programme of online streaming performances for June 2020. June 1 – Die Frau Ohne Schatten Performance of October 18, 2019 starring...

Three test positive for Covid-19, total now 952

  Three people have tested positive for coronavirus after 1473 tests bringing the total to 952, the Health Ministry said on Tuesday. One is a pupil...


Poulles (Υoung kolokassi)

Either you thrash the coriander seeds in a mortar, without making them into dust, or you gradually crush them in a blender. Remove the edges...

Pork cooked in wine

Crush the coriander seeds in a pestle and mortar or pulse-blend in a blender, taking care not to over-grind. Put the meat in bowl (not...

Lefkaritikos tavas – O ‘protinos’

Wash and dry the meat and rice separately. In a ‘tava’ (oven proof deep clay pot) first put a layer of five-six pieces of meat...

Local cuisine: An introduction

Rich in fresh ingredients and tasty herbs, offers the very best of Mediterranean culinary delights. Head out to a tavern and feast on a...