Registered full-time employment up by 7.3% in January when compared to same month in 2023 – NSO

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The Malta Business Weekly

In January 2024, registered full-time employment increased by 7.3%, while part-time employment as a primary job increased by 4% when compared to January 2023, the National Statistics Office (NSO) said.

“Administrative data provided by Jobsplus show that, over a period of one year, the labour supply (excluding part-timers) increased by 7.2%, reaching 285,537. This was mainly attributed to a year-on-year increase in the full-time registered employment (19,287) and a decrease in registered unemployment (15).”

“During January 2024, Accommodation and food service activities and Administrative and support service activities contributed mostly to the increase in full-time employment, when compared to January 2023. Registered full-time employment in the private sector went up by 18,284 persons to 232,490. Public sector full-time employment increased by 1,003 persons to 51,990.”

The number of persons registered as full-time self-employed rose by 804 when compared to January 2023, while the number of persons registered as employees increased by 18,483. Full-time employment for males and females went up by 7.5% and 6.9%, respectively over 2023 levels, the NSO said.

Registered part-time employment

Registered part-time employment in January 2024 increased by 6.5% when compared to the corresponding month in 2023. The sectors that contributed mostly to the overall increase were Professional, scientific and technical activities  followed by Transportation and storage sector.

“The number of part-timers who also held a full-time job amounted to 41,745 up by 8.7%, when compared to the corresponding month in 2023. Employed persons whose part-time job was their primary occupation totalled 33,735 up by 4% when compared to the same month in 2023,” the NSO said.

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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