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Poverty risk for low employment households is lower in Cyprus than EU average

05/08/2022 07:29

The at-risk-of-poverty rate for people aged less than 65 years living in households with very low work intensity in Cyprus was 51.6% in 2020, compared to 64.0% in the EU, according to data released by Eurostat, the statistical service of the European Union.

This rate ranged from 48.7% in Denmark and 49.9% in Ireland to more than 70.0% of the population in nine EU Member States. It reached a peak of 85.4% in Lithuania, followed by Romania (84.2%) and Latvia (80.6%).

Work intensity reflects how much all working-age household members have worked as compared to their full potential.

The general trend, according to Eurostat, is that the higher the work intensity within a household (the closer people are to full employment), the lower the probability to be at-risk-of-poverty.

Data for 2020 in the EU shows that the at-risk-of-poverty rate was 64.0% for people aged less than 65 years living in households with very low work intensity as compared to 5.3% for people living in households with very high work intensity, while the percentage for people living in households with medium work intensity was 23.6%.

Across all EU Member States, a similar pattern was observed. In the case of Cyprus, poverty risk was at 3.8% for people living in households with very high work intensity, while the percentage for people living in households with medium work intensity was 27.8%.