Cyprus unemployment rate

Cyprus’s unemployment rate decreased to 6.0 by -6.0% on March 2024 from 6.4 in the previous month. On a year on year basis Cyprus’s unemployment rate decreased by -5.0%. Cyprus’s unemployment rate trend is down since the current value of 6.0 is lower than the 12 month moving average of 6.12. and the 12 month moving average slope is down.Cyprus’s unemployment rate 1-year percentile is currently at 8.0 5-year percentile is currently at 55.0%. MacroVar monitors the factors of Momentum, Trend for Cyprus unemployment rate.

A detailed analysis can be found here