Labor Force Participation Rate in Malta increased to 62 percent in the fourth quarter of 2019 from 61.80 percent in the third quarter of 2019.

Labor Force Participation Rate in Malta averaged 52.91 percent from 2000 until 2019, reaching an all time high of 62 percent in the fourth quarter of 2019 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 October of 2020.

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 2021, according to our econometric models.

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Malta Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
62.00 61.80 62.00 48.40 2000 - 2019 percent Quarterly
NSA

Malta Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 3.30 8.24 3.20 percent [+]
Employed Persons 229325.00 225703.00 229325.00 128206.00 [+]
Unemployed Persons 3672.00 3981.00 8830.00 1616.00 [+]
Long Term Unemployment Rate 0.90 1.00 4.30 0.90 percent [+]
Youth Unemployment Rate 9.50 9.40 19.90 7.50 percent [+]
Labour Costs 141.60 119.02 141.60 64.45 points [+]
Wages 1490.67 20196.07 20196.07 1490.67 EUR/Year [+]
Minimum Wages 777.10 777.10 777.10 464.93 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 62.00 61.80 62.00 48.40 percent [+]
Part Time Employment 27.50 31.10 32.40 8.60 Thousand [+]
Productivity 94.00 101.70 104.10 70.70 points [+]
Employment Change 0.60 1.10 2.60 -1.60 percent [+]
Employment Rate 73.00 74.60 74.60 53.00 percent [+]
Full Time Employment 226.30 224.40 226.30 132.80 Thousand [+]