Private Client Specific Docs

EMEA QMR Q2 2023

Issue link:

Contents of this Issue


Page 80 of 100

Talent Solutions - EMEA QMR Q2 2023 | 81 Cyprus ears ears ears ears ears ears Male Male e ale e ale ears , , , , , , , , , 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%. inance nsurance ealt ocial or nfor ation o Manufacturin 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

Articles in this issue

view archives of Private Client Specific Docs - EMEA QMR Q2 2023