Malta Now Has A Lower Unemployment Rate Than Germany

Figures released by the NSO for October show that Malta now has an even lower unemployment rate than Germany, leaving the Czech Republic as the only EU country with a lower unemployment rate.

Unemployment figures fell to 3.5 per cent of the population in the month of October, a drop of 26.8 per cent since the same month last year.

Overall, the number of individuals seeking work stood at 3,166 in October 2016, falling to 2,319 by October of this year.  A decrease was registered among all age groups, with the largest drop registered among 25-29 year-olds – a 44 per cent decrease.

The number of individuals with a disability who were unemployed fell by 19.5 per cent from 367 to 295 since October last year.

Among the most commonly sought occupations by those registering for work were clerical support workers (24 per cent), service workers and sales workers (16 per cent) and technicians and associate professionals (14 per cent).

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