The estimated number of employed persons (labor force minus the unemployed) in economy of Cyprus in 2024 amounted to 729 057 people, which is 1.28% more than in 2023, when it was 719 858 people. It has been growing in this country for already 4 years in a row. Over the entire period of data since 1991, this indicator has increased in 2.06 times. The lowest total number of employees was recorded in 1991, when it was 353 560. The maximum count was in 2024, when workforce size in Cyprus reached 729 057 people.
Additional infomation: About indicator
Labor force comprises people ages 15 and older who supply labor for the production of goods and services during a specified period. It includes people who are currently employed and people who are unemployed but seeking work as well as first-time job-seekers. Not everyone who works is included, however. Unpaid workers, family workers, and students are often omitted, and some countries do not count members of the armed forces. Labor force size tends to vary during the year as seasonal workers enter and leave.
