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Cyprus recorded an unemployment rate of 4.2% in February, the same as in January, with the number of unemployed estimated at 22,000, according to data published by Eurostat on Wednesday. This rate shows a slight decrease compared with February 2025, when it stood at 4.5% with around 23,000 unemployed, and remains significantly lower than the average unemployment rate in both the euro area and the European Union.
For the same period, the unemployment rate was 4.0% for men and 4.4% for women, remaining unchanged compared with the previous month.
Regarding youth unemployment in Cyprus, the most recent available data is from December 2025, when the rate for people under 25 was 15.1%, corresponding to approximately 5,000 young people.
At European Union level, the seasonally adjusted unemployment rate was 5.9% in February, stable compared with January, while in the euro area it stood at 6.2%, compared to 6.1% in January 2026, and 6.3% in February 2025.
The total number of unemployed is estimated at 13.1 million in the EU, of whom 10.9 million are in the euro area.