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ManpowerGroup: Global QMR Q4 2023 | 56 Employed and Unemployed Population over Time 2023 Total Workforce Index (TWI) Hiring Demand Trend Hiring Demand Trend by Selected Industry Artificial Intelligence ManpowerGroup: Global QMR Q4 2023 | 56 Source: https://www.mpgtalentsolutions.com/en/twi Top Third of Countries Middle Third of Countries Bottom Third of Countries Cyprus 4 4 439 4 4 4 Employed Population in Thousands 3 3 33 29 .3% . % . % .4% . % .3% . % .9% . % .0% . % .0% . % 4 2 3 4 2 3 4 2 3 4 2020 202 2022 2023 Unemployed Workers in Thousands and Unemployment Rate 2023 Oxford Insights Government AI Readiness Index ranked 43 rd out of 193 countries. https://oxfordinsights.com/ai-readiness/ai-readiness-index/ https://ai-watch.ec.europa.eu/countries/cyprus/cyprus-ai-strategy-report_en Global TWI Ranking (out of 64) Global Ranking 17 22 26 33 24 Regional Ranking 9 16 6 20 11 Regional TWI Ranking (out of 33) 0 2,000 4,000 ,000 ,000 0,000 2,000 4,000 4 2 3 4 2 3 4 2 3 2020 202 2022 2023 0 200 400 00 00 ,000 ,200 4 2 3 4 2 3 4 2 3 2020 202 2022 2023 ▪ EU AI Act passed Dec' 2023. Regulatory oversight and transparency requirements subject to 4 risk categories. When formally EU Law, it will apply to all member states. ▪ AI systems for Employment, Worker management and Self-employment will require EU database registration (assuming classification of high risk). ▪ From the 2020 National AI Strategy, a 'Centre of Excellence for Applied Research in AI' has been created. There are also funding schemes and the development of an 'AI Accelerator programme' and 'Digital Innovation ubs' Eurostat Eurostat