Malta records highest growth of people in employment in the EU

Published by
Andre Camilleri

In the second quarter of this year, Lithuania, Malta and Portugal (all +1.3%) recorded the highest growth of employment in persons in the EU compared with the previous quarter, statistics issued by Eurostat reveal.

“The highest decline of employment was recorded in Estonia (-1.5%), Romania (-0.8%) and Croatia (-0.7%).”

Employment growth in the euro area and EU

The number of employed persons increased by 0.2% in the euro area and by 0.1% in the EU in the second quarter of 2023, compared with the previous quarter. In the first quarter of 2023, employment had increased by 0.5% in the euro area and by 0.4% in the EU, Eurostat said.

Compared with the same quarter of the previous year, employment increased by 1.3% in the euro area and by 1.1% in the EU in the second quarter of 2023, after +1.6% in the euro area and +1.5% in the EU in the first quarter of 2023.

Hours worked increased by 0.2% in the euro area and decreased by 0.1% in the EU in the second quarter of 2023, compared with the previous quarter. Compared with the same quarter of the previous year, the hours worked increased by 0.9% in the euro area and by 0.5% in the EU.

Andre Camilleri

Andre Camilleri is the editor of Malta Business Weekly

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