Cyprus

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:

LABOUR MARKET

 

 

Labour market indicators

Unemployment rate in 2001: 3.9% (ILO data)


Working population:

Year

Total Population

Working population

Activity rate

2004  

775 627  
386 138  
50%  
Source : Worldbank


Employment by sector:

Year

Agriculture

Industry

Services

2004  

7.4%  
19.8%  
72.8%  
Sources: ILO, Eurostat, last available data

 

Employment contracts


Salaries

National monthly minimum wage as of 01/01/2003: No legally mandated national minimum wage

Average wage for a employee in the manufacturing industry in 2004: 4.83 pounds by  hour (ILO data)

 

Number of hours

Legal definition of full time work (per week): beetween 35 and 39 hours


Useful links

For further informations on the labour market, check out the following web sites:

- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets

- NATLEX : ILO database on national labour laws

- Employers and Industrialists Federation Cyprus


Last modified in January 2006
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