Unemployment drops to 5%
Unemployment in August was down by 854 over August 2009 and 239 when compared to the preceding month. the NSO said today.
It said that 6,589 were registered as unemployed in August .
In the 12-month period to August 2010, the number of registered unemployed decreased by 11.5 per cent and reached 6,589. On the other hand, the registered unemployed decreased by 3.5 per cent between July and August 2010.
Giving a breakdown of the unemployment figures, the NSO said there were 5,929 unemployed in Malta and 660 in Gozo. Over the one year period ending in August 2010, unemployment decreased by 784 and 70 in Malta and Gozo respectively. There was also an overall decrease in unemployment across all age groups when compared to the previous 12 months, as well as when compared to July 2010. Moreover, there was a decrease of 663 persons registering for work for less than 12 weeks when compared to the previous year.
Persons registering for employment for over one year increased by 83.
Among men, occupations related to trades and services were the most common, whereas women sought more clerical or service-oriented jobs.
The registered unemployment rate stood at 5.0 per cent of the labour supply (excluding part-timers).
On a gender basis, the unemployment rate for men stood at 5.7 per cent, while that for women stood at 3.5 per cent . The long-term unemployment rate (considering only those registering under Part 1) referring to persons who have been registering for work for more than 12 months, stood at 1.7 per cent. Among older workers (45 and over) the unemployment rate was 5.1 per cent. This rate in respect of young people (under 25) stood at 6.4 per cent .
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Pat Hobson
Oct 4th 2010, 21:01
@Castillo et al. White Knights in Shining armour defending the PN. Next time you write please quote what is your position in the PN party. Mr. Castillo, a PN Councillor, Gianninu Salibu???? George Scicluna....
l fenech
Oct 4th 2010, 19:13
Halli jghaddi is-sajf mbghad erga ibda ghod.
George Scicluna
Oct 4th 2010, 18:27
For this reason all the Maltese citizens have the right to re-elect our PN in government for more and more decades to come!!! Poor poor Joe. He will be known in the lejbir's history li kien l iktar leader li dam l inqas, and that lead his party to the most devastating defeat in all history.
R.Borg
Oct 4th 2010, 16:58
It said that 6,589 were registered as unemployed in August 2010.
BUT IS IT POSSIBLE THAT THESE WERE UNSUCCESSFUL TO FIND A JOB IN MALTA?
But how do our illegal immigrants find one?
But how do the many legal european citizens in Malta find one?
Could it be that many of these look upon the unemployment benefit as a sort of salary and doing nothing?
But is it possibile that these are doing no job/jobs?
U HALLUNA!
Gianninu Saliba
Oct 4th 2010, 16:17
Who said that the PL is the "Partit tal-haddiema"? Joseph, the true 'Partit tal-haddiema' is the Nationalist Party. Joseph, was there ever one single day when unemployement dropped to 5% under any Labour Government? With the Korpi tax-xoghol and all, unemployement under Labour was even higher than when the UK Government decided to retrench thousands from the dockyard in the 60's. But then again, those were also a safe pair of hands that not only managed to contain the dockyard crises but also acquired our nation's Independence.
Anthony Castillo
Oct 4th 2010, 16:06
@ Pat Hobson, It looks like either you're dreaming or you're mixing this time with when there was the Labour government in power long, long ,very long time ago under Karnenu Mifsud Bonnici, when in the last year of thier administration which is a long time ago may be you forgot they emplyed over 8000 at one time to get thier vote. Those days are finished for good, my friend.
Pat Hobson
Oct 4th 2010, 14:55
This was expected. The decrease in unemployment was due to about 3,800 being employed in the civil service! Nothing to be surprised about. Who knows how many will end up with the civil service by the time of the elections?
jbusuttil
Oct 4th 2010, 15:33
If you want to be a hero quote statistics and not the PL leader and One News. Why does it hurt so much when you hear that the country is moving on the right track.
T Sillato
Oct 4th 2010, 13:16
Lead item on ONE News tonight - hahaha
c falzon
Oct 4th 2010, 14:36
Daqs kemm kienu leading news il gaffes ta PBO jew ta' Tonio Fenech on NET TV!!!! QIsu qatt ma gara xejn.
robert agius
Oct 4th 2010, 17:31
fl-ahhar mill-ahhar jekk m ghandu ebda mertu tonio fenech (u mhux qed nghid li huwa l-kaz) zgur ghandu l-mertu kbir ta dan ir-rizultat. PAJJIZI ohra - jipprotestaw fit-toroq, mifqughin bil- 1) Qghad. 2 ) Dejn 3) Taxxi godda li saru dawn is-sentejn biex bxi mod ipattu d-dejn. Ahna l-qghad ikompli niezel ......fejn aktar qed jigri hekk?
Anthony Castillo
Oct 4th 2010, 13:08
Well done: This is what we really want to hear, the results of real strong PAIR OF HANDS and the result of joining the EU against all the wishes that mainly one of the pioneers Joseph Muscat wanted. This is something that the Maltese people have to really consider, the nice talking and promises once you're in the opposition it is very easy to say then done. The real facts means everything like we are seeing being done, just about full employment compare to other major big EU countries, the economy is also one of the best in the EU, although certain union went to protest in Brussels, hopefully they explain to their colleagues that the conditions in Malta could'nt be any better especially in the social services. Thank you GONZI PN.
d.attard
Oct 4th 2010, 12:31
to better analyze this statistic one would perhaps need to also know movement in the gainfully occupied and breakdown between full and part time employment. August being the peak tourist season one would be keen to know if this is a trend reflecting strong structural improvement or if it seasonal.
Joe Vella
Oct 4th 2010, 12:44
d. Attard, if you have read the article carefully you would have discovered that all the information is contained in the article above. The article gives you both statics, that is year over year (Augusts '10 / Augusts '09); and month over month (August '10 / July '10).
d.attard
Oct 4th 2010, 23:08
Dear Mr Vella,
The information mentioned by me is not given in the report.
Please choose the reason of your report below: