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Unemployment Rates In Malta Are Basically Back To Pre-COVID-19 Levels, Standing At 3.6%

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Malta’s unemployment rate is basically back to pre-COVID-19 levels, with a rate of 3.6% registered by the end of June. In January 2020, two months before COVID-19 arrived in Malta, the unemployment rate was at 3.4%.

The highest unemployment rate Malta has faced as a result of the pandemic was registered in May 2020 when unemployment reached 4.2%.

Ever since, the unemployment rate has been steadily decreasing, reaching as low as 3.6% in June 2021 – just 0.2 percentage points higher than in January 2020.

The unemployment rate for males was 3.7%, while the unemployment rate for females stood at 3.4%.

Youth unemployment, which regards persons aged 15 to 24 years old, was 7.7%, while the rate for those between 25 and 74 years stood at 3.1%.

The most unemployment the EU faced during the pandemic was towards the end of 2020, when the rate was at 7.7%. In 2021, it is back down to 7.3%.

Have you faced unemployment issues due to the COVID-19 pandemic?

READ NEXT: Malta Has Two New COVID-19 Deaths But Continues To Register More Recoveries Than Cases

Belle dives deep into seas and stories. She’s passionate about mental health, environmental sustainability and social justice. When she’s not out and about with her dog, she’s more than happy to hear from you on Instagram @belledejong or at [email protected]

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