Malta’s unemployment rate was the fourth lowest in the EU in November, according to figures by the European statistics agency.

Eurostat said the rate stood at 6.4 per cent, a slight drop of 0.2 percentage points over the same month a year earlier.

There were 12,000 people looking for work, of which 4,000 were under 25 years old.

Malta also registered one of the lowest unemployment rates for young people.

Unemployment in the eurozone stood at 12.1 per cent in November, which remained stable since April. Unemployment dropped to 10.9 per cent for the whole of the EU.

Eurostat estimates that 26.5 million men and women in the 28 member states were unemployed in November.

Those with the unemployment rates better than Malta’s were Austria (4.8 per cent), Germany (5.2 per cent) and Luxembourg (6.1 per cent).

On the other end, unemployment was highest in Greece (27.4 per cent) and Spain (26.7 per cent).