December unemployment rate at par with previous month – NSO

Published by
The Malta Business Weekly

The seasonally adjusted monthly unemployment rate for December 2021 stood at 3.4 per cent, at par with the previous month and declining by 0.9 percentage points from December 2020, the NSO said today.

In December 2021, the monthly unemployment rate was 3.4 per cent.

For the month under review, the unemployment rate for males was 3.7 per cent, while the rate for females stood at 3.0 per cent. Both rates remain unchanged when compared to the previous month.

The unemployment rate during December 2021 for persons aged 15 to 24 years (youth unemployment rate) was 8.7 per cent, while the rate for those aged between 25 and 74 years stood at 2.8 per cent, the NSO said.

During December 2021, the number of unemployed persons was 9,693, with the unemployed males and the 25 to 74 age group being the major contributors to the overall level of unemployment.

The seasonally adjusted number of unemployed youths amounted to 2,545, whereas those aged between 25 and 74 years stood at 7,148.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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