The labor participation rate among the total population aged between 15 and 64 in Cyprus increased by 1.7 percentage points (+2.27 percent) in 2022. Therefore, the labor participation rate in Cyprus reached a peak in 2022 with 76.76 percent. The labor force participation rate refers to the share of the population aged 15 years and over who are economically active. Unemployed people actively searching for work are included, whereas the long-term unemployed (economically inactive) are not. It is calculated by dividing the total number of workers aged 15 and over by the total population aged 15 and over.
Find more key insights for the labor participation rate among the total population aged between 15 and 64 in countries like Bosnia and Herzegovina and North Macedonia.
Cyprus: Labor force participation rate from 2012 to 2022
The labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.
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World Bank. (October 24, 2024). Cyprus: Labor force participation rate from 2012 to 2022 [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/993574/labor-force-participation-rate-in-cyprus/
World Bank. "Cyprus: Labor force participation rate from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/993574/labor-force-participation-rate-in-cyprus/
World Bank. (2024). Cyprus: Labor force participation rate from 2012 to 2022. Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/993574/labor-force-participation-rate-in-cyprus/
World Bank. "Cyprus: Labor Force Participation Rate from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/993574/labor-force-participation-rate-in-cyprus/
World Bank, Cyprus: Labor force participation rate from 2012 to 2022 Statista, https://www.statista.com/statistics/993574/labor-force-participation-rate-in-cyprus/ (last visited December 24, 2024)
Cyprus: Labor force participation rate from 2012 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/993574/labor-force-participation-rate-in-cyprus/