labour market labour shortages

Labour Market Disconnect: A Critical Analysis

The labour market disconnect in Cyprus postCOVID19 highlights the gap between business needs and government policies. Due to EU workers leaving during the pandemic and not returning, Cyprus faces labour shortages. Government efforts to allow hiring from third countries have been slow, creating challenges, especially in tourism and hospitality industries, which have seen increased demand. A more responsive policy is needed to align with business requirements and economic growth.