Unemployment up by 982 last month

Jonathan Camilleri

Jul 25th 2012, 14:28

It is quite interesting to note that the minimum wages have never been revised given the fact that a person who has been unemployed for ages, does not just need a minimum national wage. For example, I was forced not to claim for social security assistance due to a bureaucratic issue with my previous employer, whereby the ETC took advantage of the reason of termination i.e. resigned, to black mail me with not giving me any social assistance. Of course this does not show any social responsibilty, it just shows that they (pretend to) have financial problems, and, hide behind huge bureaucratic wall to force their policies.

National minimum wages have not been revised in a while, and, Caritas a few months back had claimed that the social security provided does not meet normal living conditions. The national debt reached 75%, and, we are not sure where this country is heading.

The private industry takes advantage of anything, and, it is unfair that poverty and unemployment is not given a bit of priority, because we are known to be a benevolent nation, by culture. However, in times of recession everyone looks first and foremost at their wallet. This is a misconception because the value of money is subject to deflation, if ECB resort to extreme measures such as increasing the money supply irresponsibly, according to my knowledge of economic theory.

lgalea

Nov 24th 2009, 09:41

And in the meantime we have thousands of foreigners, apart from illegal immigrants working and destroying the work, wages and working conditions of Maltese workers that were gained after great sacrifices.
All countries should stop foreign workers until all their own citizens are employed.

M Mifsud

Nov 23rd 2009, 15:35

According to the above statistics unemployment last month went up by 982 when compared to the same month of last year. One gets the impression that unemplyment is on the increase, however, if one compares October 2009 with September 2009, one finds that unemployment is actually going down. If I remember well, unemployment in September 2009 was over 7500, that is, the number of unemployed in October was 200 less. I find it more important to make a month to month comparison than a year to year.

P Cutajar

Nov 23rd 2009, 14:29

@Nigel Lawrence and Mario Gellel
If 3,000 jobs had not been created in the midst of the worst global recession in the history of the world (small point that one!) there would have been over 10,000 unemployed .... duh!

Michelle Pirotta

Nov 23rd 2009, 14:19

Indeed if you look at the information given by NSO, these new jobs were created. So that is a correct fact. Unfortunately, more jobs were lost - particularly in manufacturing.

Considering that unemployment in the whole of the EU has gone up from 15 million to 24 million in just over a year, I believe that our unemployment has gone up by under a thousand in a year is to say the least, miracolous.

Adrian Borg

Nov 23rd 2009, 14:12

What's the use of creating 3,000 new jobs, but then having a loss of 5,000 existing ones?

And no wonder not much jobs are created. Employers are squeezing their employees to the last drop and then paying them peanuts ... everyone wants to get rich and fast!

carmen camilleri

Nov 23rd 2009, 12:46

Certainly not a good news. Sincerely hope to read more positive news.

Was this news announced in a press conference addressed by the Prime Minister and the Finance Minister at Castille?

P Pace Balzan

Nov 23rd 2009, 12:42

Although the government is doing its best to create jobs (well done) , the unemployment senario sadly appears to be getting worse.
A worrying factor is that the government ,in spite of this situation, has pushed the retirement age up.
Why does a person, over 45, have to wait 20 years to be given a deserved pension (and not a benefit).
Where is the level playing field in this senario?
I honestly believe that it would have made more sense to increase the percentage of the monthly contributions instead of upping the retirement age.

Nigel Lawrence

Nov 23rd 2009, 12:00

@mario gellel

NEVER believe politicians when they speak, their words are meaningless.

mario gellel

Nov 23rd 2009, 11:51

DID NOT SOMEBODY SAY THAT 3,000 NEW JOBS WERE CREATED THIS YEAR???