Ministry of Finance, Statistical Service



01/12/2005
NEW PUBLICATION: LABOUR FORCE SURVEY, 2004
01/12/2005


The Statistical Service announces that it has published the report “Labour Force Survey” for 2004. The report provides data on the employed and unemployed population which are analysed by gender, age, education, branch of economic activity and occupational group. Data are also presented on part-time employment as well as for second job holders and the weekly hours of work.


2. The main findings of the survey are the following:

(a) The labour force (i.e. the employed and unemployed persons) amounted to 355
thousand in 2004 consisting of 56% men and 44% women.

(b) The employed persons reached 338 thousand and the employment rate for persons 15-64 years was 69,1%. The corresponding rate for males stood at 80,0% while that for females was much lower at 59,0%. Both rates, however, are among the highest in the European Union.

(c) The labour force of Cyprus has a relatively high educational background since almost one-third (32%) of the workforce have completed tertiary education and 37% completed upper secondary education.

(d) About 29 thousand persons or 8,5% of the employed worked on a part-time basis and 55% of these reported that they did not want full-time employment and only 24% reported that they could not find a full-time job.

(e) About 6,4% of the working population or 22 thousand persons reported having a second job and a large proportion of these (44%) chose agriculture as a sideline.

(f) The unemployment rate amounted to 4,7% of the labour force, which was lower for males 3,5% and higher for females 6,2%. The highest rate of unemployment was observed among young persons below 25 years of age where it accounted for 10,7% of the labour force of the same age group.

3. The report is available for sale at the Government Printing Office in Nicosia at the price of £8,00 per copy.











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