Employment Rate in Malta increased to 74.60 percent in the first quarter of 2020 from 74.10 percent in the fourth quarter of 2019.

Employment Rate in Malta averaged 59.02 percent from 1997 until 2020, reaching an all time high of 74.60 percent in the first quarter of 2020 and a record low of 53 percent in the first quarter of 2002. This page provides - Malta Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta Employment Rate - values, historical data and charts - was last updated on July of 2020.

Employment Rate in Malta is expected to be 72.23 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Malta to stand at 73.10 in 12 months time. In the long-term, the Malta Employment Rate is projected to trend around 74.93 percent in 2021 and 76.72 percent in 2022, according to our econometric models.

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Malta Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
74.60 74.10 74.60 53.00 1997 - 2020 percent Quarterly
NSA

Malta Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.20 8.24 3.20 percent [+]
Employed Persons 224737.00 223078.00 224737.00 128206.00 [+]
Unemployed Persons 4409.00 3979.00 8830.00 1616.00 [+]
Long Term Unemployment Rate 1.40 1.10 4.30 0.90 percent [+]
Youth Unemployment Rate 11.90 12.20 19.90 7.60 percent [+]
Labour Costs 119.02 106.86 119.02 64.45 points [+]
Wages 19488.25 20032.52 20032.52 10937.85 EUR/Year [+]
Minimum Wages 761.97 761.97 761.97 464.93 EUR/Month [+]
Population 0.49 0.48 0.49 0.30 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 61.00 [+]
Labor Force Participation Rate 62.00 61.80 62.00 48.40 percent [+]
Part Time Employment 32.40 30.40 32.40 8.60 Thousand [+]
Productivity 101.70 102.00 104.10 70.70 points [+]
Employment Change 1.30 1.70 2.60 -1.60 percent [+]
Employment Rate 74.60 74.10 74.60 53.00 percent [+]
Full Time Employment 219.90 219.20 219.90 132.80 Thousand [+]


Malta Employment Rate
In Malta, the employment rate measures the number of people who have a job as a percentage of the working age population.