Malta Unemployment Rate Falls to 2.9% in Q1

2023-06-23 09:38 By Czyrill Jean 1 min. read

The unemployment rate in Malta fell to 2.9% in the first quarter of 2023, from 3.2% in the same month of the previous year.

The number of unemployed dropped by 505 individuals to 8,585 while the employed persons increased by 17,263 to 291,756.

Meanwhile, the activity rate went up to 80.4% from 79.2% in Q1 of 2022.

Between 15 - 64 years old, employment rate was higher for men (83.8%) than for women (71.4%).



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