Labor Force Participation Rate in Malta increased to 62.30 percent in the third quarter of 2020 from 61.90 percent in the second quarter of 2020. source: EUROSTAT

Labor Force Participation Rate in Malta averaged 53.28 percent from 2000 until 2020, reaching an all time high of 62.90 percent in the first quarter of 2020 and a record low of 48.40 percent in the fourth quarter of 2006. This page provides - Malta Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta Labor Force Participation Rate - values, historical data and charts - was last updated on April of 2021.

Labor Force Participation Rate in Malta is expected to be 58.82 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Malta to stand at 58.82 in 12 months time. In the long-term, the Malta Labor Force Participation Rate is projected to trend around 58.82 percent in 2022, according to our econometric models.

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Malta Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
62.30 61.90 62.90 48.40 2000 - 2020 percent Quarterly
NSA

Malta Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.60 8.24 3.30 percent [+]
Employed Persons 232142.00 231579.00 233117.00 128206.00 [+]
Unemployed Persons 2675.00 2765.00 8830.00 1616.00 [+]
Long Term Unemployment Rate 1.30 0.90 4.30 0.90 percent [+]
Youth Unemployment Rate 11.50 11.00 19.90 7.50 percent [+]
Labour Costs 126.47 122.98 141.60 64.45 points [+]
Wages 1554.69 1535.72 20196.07 1490.67 EUR/Year [+]
Minimum Wages 784.68 777.10 784.68 464.93 EUR/Month [+]
Population 0.49 0.48 0.49 0.30 Million [+]
Retirement Age Women 63.00 63.00 63.00 60.00 [+]
Retirement Age Men 63.00 63.00 63.00 61.00 [+]
Labor Force Participation Rate 62.30 61.90 62.90 48.40 percent [+]
Part Time Employment 27.80 27.50 32.40 8.60 Thousand [+]
Productivity 96.60 94.80 104.10 70.70 points [+]
Full Time Employment 226.60 226.30 230.30 132.80 Thousand [+]
Employment Change 0.50 0.10 2.60 -1.40 percent [+]
Employment Rate 73.80 73.60 74.60 53.00 percent [+]