Market Intelligence Reports

Global Market Report Q2 2023

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ManpowerGroup Talent Solutions: Global QMR Q2 2023 | 38 Cyprus 5 4 years 5 4 years 5 44 years 5 45 54 years 55 4 years 5 5 years .5 . . .4 4. . . . . .4 . . . . 5. 54. 5 . 5 . 5 . 5 . 4 4 4 4 ale 5 54 ale 55 4 emale 5 54 emale 55 4 4 4 4 4 4 4 5 4 5 44 45 54 55 4 5 years , 4, , , , , 4, 4 4 4 4 , , 4 4 4 Latest Available Data Q2 2023 Total Labor Force (000s) 490 Employed Workers (000s) 465 Unemployed Workers (000s) 25 Unemployment Rate 5.1% ▪ 18% of the Labor force is 55 years+. ▪ The retirement age is 65 years. ▪ The number of participants in the Labor force has increased across each age group when compared with Q1 2019. The 35-44 year old and the 55-64 year old age groups each grew by 11% while the 65 year+ age group grew by 22%. .4 . . .5 inance Insurance Health ocial ork Information Comm. anufacturing Workforce Statistics Labor Force Participation Rates by Age and Sex Age Profile of Labor Force Number of Participants in Labor Force By Age (000s) Job Vacancy Rate by Industry Eurostat Hiring Demand Trend by Job Function Hiring Demand Trend For Vacancies *Job Vacancy Rate is the number of Job Vacancies as a percentage of the Total Potential Jobs (Employed + Job Vacancies) ILOSTAT Eurostat

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