Long Term Unemployment Rate in Malta increased to 1.30 percent in the third quarter of 2020 from 0.90 percent in the second quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Malta averaged 2.77 percent from 2000 until 2020, reaching an all time high of 4.30 percent in the fourth quarter of 2010 and a record low of 0.90 percent in the second quarter of 2019. This page provides - Malta Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta Long Term Unemployment Rate - values, historical data and charts - was last updated on April of 2021.

Long Term Unemployment Rate in Malta is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Malta to stand at 3.50 in 12 months time. In the long-term, the Malta Long Term Unemployment Rate is projected to trend around 3.50 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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Malta Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.30 0.90 4.30 0.90 2000 - 2020 percent Quarterly

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 10.00 11.50 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 0.51 0.49 0.51 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 [+]
Employment Change 0.50 0.10 2.60 -1.40 percent [+]
Employment Rate 73.80 73.60 74.60 53.00 percent [+]
Full Time Employment 226.90 226.60 230.30 132.80 Thousand [+]
Labor Force Participation Rate 62.30 61.90 62.90 48.40 percent [+]
Part Time Employment 27.90 27.80 32.40 8.60 Thousand [+]
Productivity 96.60 94.80 104.10 70.70 points [+]


Malta Long Term Unemployment Rate
In Malta, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.