As Malta’s Job Market Rapidly Evolves, Here Are 6 Key Findings To Look Out For From This Upcoming Report

Malta’s economy has evolved dramatically over the years and a new report has cast a light on just what this has meant for jobs on the island.
Popular job vacancy platform Keepmeposted has teamed up with EMCS to provide its first-ever thorough analysis of the Maltese labour market over the past decade, analysing the kinds of jobs that are being created, the value they’re adding to the economy, and which kinds of people are working in them.
It also delves into the gender pay gap and the rise of remote working in the wake of the COVID-19 pandemic and has forecasted what Malta’s job market might look like in a few years’ time at the current rate of change.
With the full report set to be published over the coming week, here are some key points to look out for.

1. The growing role of women in Malta’s job market
Malta has witnessed a surge of women entering the labour market over the past decade and the report explains how this phenomenon was actually one of the main drivers behind the growth in jobs in recent years.
It also looks into the gendered distribution of jobs, discovering which sectors are more likely to employ men, which are more likely to hire women, and which particular sector has reached practically 50-50 gender parity organically among the thousands of people it employs.
2. Malta’s shift towards a service-based economy
Malta’s economy has completely transformed itself from one based on manufacturing to one based on services, and the report finds out just how rapid this change has been.
It looks into which Maltese economic sectors are growing the most, which ones are stagnating, and which two particular sectors have seen their gross value added staggeringly increase by over 200% in the past decade.

3. A look at which salaries are growing at the fastest rate
Salaries in Malta are generally higher than they used to be, but this report goes beyond that and finds out the sectors in which they’re growing at the fastest rate.
The gender pay gap is laid bare, with some startling findings about whether men actually get paid more than women, whether this is across the board or in specific fields, and what this could mean for our society.
4. A look at Malta’s early school leaving rate
It’s a topic that finds itself at the centre of national discussion every now and again but is anything actually being done to improve Malta’s exceptionally high early school leaving rate?
Comparing Malta’s current and past early school leaving rates with those registered by other European countries, the report asks whether the abundance of job opportunities is actually discouraging students from remaining in school.

5. Placing construction in perspective
Construction has become synonymous with Malta’s recent economic growth but how much of a role does it play in the economy really?
The report looks into this factoid, discovering how many people the construction industry employs and how much value it actually adds to the Maltese economy.
The results are quite surprising and could have major implications on national economic discussions moving forwards.
6. A detailed forecast of Malta’s future economy
Through numerical trends and a targeted survey among thought leaders, the report paints a picture of what Malta’s economy could look like in a few years’ time – including whether the pandemic will leave a lasting impact and which industries are likely to create the most jobs and value.
Given the forecast increase between 2019 and 2025, employment in 2025 is expected to reach 302,131 full-time equivalents (FTEs).
Meanwhile, some jobs are confirmed as likely to become redundant and be phased out, due to the increasing use of AI and automation.
And with Malta, like many EU countries, experiencing the result of shifting demographics due to a consistently low birth rate, the report looks at what this could mean for the economy.
What do you make of this report?