Malta’s full-time labour supply at start of 2024 increases by 7.2% to 285,537

Malta’s labour supply in January 2024 amounted to 285,537, an increase of 7.2 per cent from the 266,265 of the same month in 2023.

The figures, released by the National Statistics Office on Monday (today) thanks to administrative data provided by Jobsplus, exclude part-timers.

The increase in labour supply was primarily attributed to the year-on-year increase in full-time registered employment (19,287), together with the decrease in registered unemployment (15).

During January 2024, the main contributors to the increase in full-time employment were accommodation and food service activities, which rose from 19,090 to 22,556, as well as administrative and support service activities, which went up by 3,416.

The only areas to experience a decrease in full-time employment were activities related to electricity, gas, steam and air conditioning supply (2024: 325; 2023: 334) and activities of extraterritorial organisations and bodies (2024: 343; 2023: 344).

Registered full-time employment in the private sector went up by 18,284 individuals to 232,490, while public sector full-time employment amounted to 51,990, up by 1,003 persons.

The number of people registered as full-time self-employed rose by 804 when compared to January 2023. There was also an increase in the number of persons registered as employees, rising by 18,483.

Full-time employment for males and females went up by 7.5 per cent and 6.9 per cent respectively over 2023 levels.

In terms of registered part-time employment for January 2024, this increased by 6.5 per cent when compared to the same month in 2023. The main sectors which contributed to this were professional, scientific and technical activities (728), as well as transportation and storage (605).

The number of part-timers who also had a full-time job amounted to 41,745, an increase of 8.7 per cent.

Employed persons whose part-time job was their primary occupation totalled 33,735, up by four per cent when compared to the corresponding month in 2023.