The unemployment rate in Malta dropped to 3.5 percent in the second quarter of 2021 from an upwardly revised 4.6 percent in the corresponding period of the previous year. The number of unemployed fell by 2,745 to 9,676 and the number of employed increased by 8,317 to 266,553. Also, the activity rate edged up to 77.2 percent from 76.2 percent and the employment rate increased to 74.4 percent from 72.7 percent. source: National Statistics Office, Malta

Unemployment Rate in Malta averaged 5.94 percent from 2001 until 2021, reaching an all time high of 8.24 percent in the third quarter of 2003 and a record low of 3.50 percent in the fourth quarter of 2019. This page provides the latest reported value for - Malta Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malta Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Unemployment Rate in Malta is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malta Unemployment Rate is projected to trend around 3.70 percent in 2022 and 3.50 percent in 2023, according to our econometric models.

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Malta Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-06-24 10:30 AM Q1 3.9% 4.4% 6.5%
2021-09-27 09:00 AM Q2 3.5% 3.9% 4.0%
2021-12-21 10:00 AM Q3 3.5%


Related Last Previous Unit Reference
Unemployment Rate 3.50 3.90 percent Jun/21
Unemployed Persons 1254.00 1352.00 Oct/21
Employed Persons 237375.00 236214.00 May/21
Wages 1608.28 221412.00 EUR/Year Jun/21

News Stream
Malta Jobless Rate Falls to 3.5% in Q2
The unemployment rate in Malta dropped to 3.5 percent in the second quarter of 2021 from an upwardly revised 4.6 percent in the corresponding period of the previous year. The number of unemployed fell by 2,745 to 9,676 and the number of employed increased by 8,317 to 266,553. Also, the activity rate edged up to 77.2 percent from 76.2 percent and the employment rate increased to 74.4 percent from 72.7 percent.
2021-09-27
Malta Jobless Rate Rises to 3.9% in Q1
The unemployment rate in Malta edged up to 3.9 percent in the first quarter of 2021 from an upwardly revised 3.6 percent in the corresponding period of the previous year. The number of unemployed rose by 525 to 10,516, while the number of employed fell by 2,849 to 263,400. Meantime, the activity rate edged down to 77.2 percent from 77.6 percent in Q1 2020 and the employment rate dropped slowly to 60.0 percent from 60.6 percent.
2021-06-24
Malta Jobless Rate Rises to 4.4% in Q4
The unemployment rate in Malta increased to 4.4 percent in the fourth quarter of 2020 from an upwardly revised 3.5 percent in the corresponding period of the previous year. The number of unemployed grew by 2,336 to 11,886, while the number of employed edged down by 1,984 to 260,106. Meantime, the activity rate advanced to 77.3 percent from 76.7 percent in Q4 2019 and the employment rate went slightly down to 73.8 percent from 73.9 percent.
2021-03-25

Malta Unemployment Rate
In Malta, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.