Overview Of Employment Growth
Recent preliminary data from the Statistical Service indicates robust annual growth in Cyprus employment during the third quarter of 2025. Both headcount and actual hours worked have increased year-on-year, signaling a dynamic recovery across several key sectors.
Steady Increase In Workforce Participation
The total number of employees reached an estimated 523,510 individuals in Q3 2025, comprising 470,755 employees and 52,755 self-employed professionals. Compared with the third quarter of 2024, overall employment climbed by 1.4%, largely driven by momentum in sectors that are pivotal to the nation’s economic infrastructure.
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Sectoral Leaders Driving Growth
Notable percentage surges in employment were recorded in several sectors, including:
- Wholesale And Retail Trade
- Motor Vehicle Repair
- Hotels And Restaurants
- Manufacturing
Rising Actual Work Hours Signal Economic Vitality
Actual work hours for Q3 2025 were measured at 236,757 thousand, reflecting a 1.9% uptick relative to the same period last year. The largest gains in work hours were also observed in the sectors of wholesale and retail trade, motor vehicle repair, hotels and restaurants, and manufacturing. This trend underscores an expanding activity in commerce, service industries, and tourism—a combination that bodes well for Cyprus’s broader economic landscape.
