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STATISTICS MALTA

MALTA: UNEMPLOYMENT RATE +0,1%

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NSO Malta UNEMPLOYMENT 27 05Components leading to the seasonally adjusted monthly unemployment rate

The unemployment rate for April 2024 stood at 3.1%, increasing by 0.1 percentage points from the previous month, and decreasing by 0.2 percentage points from April 2023.

During April 2024, the number of unemployed persons was 9.900, with the 25 to 74 age group being the major contributor to the overall level of unemployment. The seasonally adjusted number of unemployed youths amounted to 2.038, whereas the number of unemployed individuals aged between 25 and 74 years stood at 7.862.

In April 2024, the unemployment rate for males stood at 3.5%, increasing by 0.1 percentage points when compared to March 2024. Meanwhile, the female unemployment rate stood at 2.6%, remaining stable from the preceding month.

The unemployment rate for persons aged 15 to 24 years (youth unemployment rate) decreased to 7.1%, while the rate for those aged between 25 and 74 years stood at 2.7%, increasing by 0.1 percentage points from March 2024.

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