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 August 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 3.30 3.20 8.24 3.20 percent [+]
Employed Persons 225703.00 224737.00 225703.00 128206.00 [+]
Unemployed Persons 4270.00 4409.00 8830.00 1616.00 [+]
Long Term Unemployment Rate 1.40 1.10 4.30 0.90 percent [+]
Youth Unemployment Rate 11.80 12.30 19.90 7.40 percent [+]
Labour Costs 119.02 106.86 119.02 64.45 points [+]
Wages 20196.07 19488.25 20196.07 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 [+]