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Unemployment in Cyprus: Similar rates across all education levels

November 11, 2024

In Cyprus, the unemployment rate is similar across all education levels, unlike other countries where unemployment decreases with higher education levels. According to Eurostat data from 2023, the unemployment rate for those with a higher education level is 5%. Additionally, Cyprus shows new data regarding unemployment in relation to urbanization, with differences among regions. Greece has the highest long-term unemployment rates in the EU, while Cyprus's rates are close to the European average.