Cyprus Unemployment Figures Decline As Sectors Show Resilience

by THEFUTURE.TEAM

February 5, 2026

Overview Of Labour-Market Trends

Official data from the Statistical Service (Cystat) indicates a modest easing of registered unemployment in Cyprus for January 2026. The latest figures suggest that despite the seasonal challenges early in the year, the nation’s labour market is experiencing gradual improvement.

Key Statistics And Sectoral Shifts

The report reveals that the number of individuals registered as unemployed at district labour offices stood at 12,650 at the end of January. When adjusted to account for seasonal variations, the unemployment figure declined marginally to 9,848 from 9,863 in December. In comparison to January of the previous year, there was a decrease of 497 registered unemployed individuals, representing a 3.8% drop.

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Sectoral Performance Driving The Decline

The reduction in unemployment was primarily driven by improved outcomes in sectors such as construction, accommodation and food services, trade, and manufacturing. Notably, the accommodation and food service sector continues to account for the largest share of registered job seekers, with 4,607 individuals, followed by wholesale and retail trade with 1,781, and transportation and storage with 680. Professional, scientific, and technical activities registered 842 unemployed, while the construction sector maintained resilience despite a slight monthly uptick to 395. Meanwhile, manufacturing reported an increase to 510, and the information and communication sector reached 413.

Impact On New Labour Market Entrants

Further reflecting positive labour-market dynamics, the number of new entrants registering as unemployed fell to 268, significantly lower than the 385 recorded a year earlier. This trend underscores a movement towards more favorable employment conditions as newcomers find increasing opportunities.

Conclusion

The latest data from Cystat signals cautious optimism for Cyprus’ labour market. While the overall figures remain subject to typical seasonal fluctuations, the cross-sector improvements indicate underlying strengths that could support sustained economic recovery. Business leaders and policymakers will need to monitor these trends closely to ensure that momentum is maintained in the coming months.

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Cyprus And Greece Outline Joint Tourism Plans For Summer 2026

by THEFUTURE.TEAM

May 1, 2026

Strategic Partnership Enhances Tourism Prospects

The Cyprus Tourism Authority (EOT Cyprus) presented proposals for summer 2026 focused on strengthening tourism cooperation between Cyprus and Greece, with joint efforts aimed at attracting visitors from long-haul markets.

Greece: The Top Destination For Cypriot Travelers

At an event on April 28, Athena Spakouri, Director of EOT Cyprus, said Greece is expected to remain the main travel destination for Cypriot residents, with plans extending beyond established locations to include lesser-known regions. This approach reflects a broader effort to diversify travel options while maintaining strong demand between the two countries.

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Complementary Destinations, Unified Vision

Building on this, Spakouri noted that Cyprus and Greece offer complementary tourism experiences rather than competing directly. Joint programmes are therefore being positioned to attract visitors from markets such as the United States and China, while tourism activity continues to be assessed in the context of broader geopolitical developments.

Robust Air And Sea Connectivity

Supporting this cooperation, Konstantinos Kollias said around 600,000 Cypriots travelled to Greece in 2025. Frequent flights, short travel times, and ferry connections between Limassol and Piraeus continue to facilitate movement between the two countries and sustain travel flows.

Diverse Tourism Offerings for a New Era

Konstantinos Kollias highlighted that Greece’s tourism portfolio spans from traditional seaside holidays to sectors such as cultural, religious, gastronomic, agritourism, ecotourism, spa, conference, and medical tourism.

This range reflects the expansion of tourism offerings across different segments and travel preferences. In parallel, Joseph Iosif referred to Greece as a “second homeland” for Cypriot travellers, pointing to longstanding cultural and travel links between the two countries.

Innovative Programs And Strengthened Connections

Building on this approach, the EOT strategy includes initiatives focused on gastronomic routes, cultural trails, thematic and religious tourism, as well as curated city breaks in destinations such as Athens and Thessaloniki. These programmes were presented at the event alongside references to historical, cultural, and religious connections between Cyprus and Greece, including remarks from Bishop Gregorios of Mesaoria.

Boosting Air Connectivity And Island Accessibility

At the same time, airlines including Aegean Airlines, Sky Express, and Cyprus Airways outlined plans to expand connections between Cyprus and Greece, with a focus on increasing access to island destinations. The event also brought together stakeholders from the Deputy Ministry of Tourism, Hermes Airports, tour operators, and ACTAA, reflecting coordination across different parts of the tourism sector.

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