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Business • June 20 2004


January registered unemployed rate at 6.1 per cent

According to figures released this week based on the Employment and training Centre’s records, Malta’s registered unemployment rate for January stood at 6.1 per cent of the overall labour supply.
A total of 8,794 individuals registered as unemployed with the ETC - 6,942 men and 1,852 women.

Full-time employment
Over the month the ETC’s administrative records indicated a drop of 175 persons in the full-time gainfully occupied over the previous month, while year on year figures reveal a drop of 1,716. Over January employment in the private direct production sector decreased by 224 in comparison to December 2003. In relation to the same month in the previous year, the number of the full-time gainfully occupied in the production sector decreased by 1,621 persons, with the most part of the decline being felt in the manufacturing sector.
The private market services sector decreased its employment levels by 72 in January, compared with December 2003. On the other hand, there was an increase of 471 persons employed in the private market services sector on a year-to-year basis. In January, hotels and catering establishments dropped 131 fulltime employed persons, while employment activities in the wholesale and retail trade increased 267 persons in full-time employment over a twelve-month period.
Meanwhile the public sector put another 127 employees on its books. On a year-to-year basis, however, the public sector dropped 472 employees. Much of the decline in public sector employment in the twelve months up to January 2004 occurred in companies where the state holds a majority shareholding.

Part-time employment
In the same month 18,638 cited part-time employment as their primary occupation. On the other hand, there were 15,171 persons working a part-time job in addition to their full-time employment in January.
Most of the ‘primary’ part-timers are employed in the services and especially the private sector. Accordingly, 14,033 persons (75.3 per cent) were employed in the market services sector. Over the month under review, there were 7,103 men ( 38.1 per cent) and 11,535 women (61.9 per cent) holding a part-time job as their primary occupation.
Those holding a part-time job in conjunction with their full-time jobs are equally likely to be employed in the services and especially the private sector. Actually, 11,494 of these type of part-timers (75.8 per cent) were employed in the market services sector in the January 2004. In the month under review, there were 11,508 men (75.9 per cent) and 3,663 women (24.1 per cent) holding a part-time job in addition to their full-time employment.


 

 

 

 





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