Prime Minister Robert Abela announced that Malta has registered the lowest amount of unemployment in the country’s history. Despite there being the risk of 50,000 people without work due to the COVID-19 pandemic, Abela highlighted how unity with businesses, institutions and workers yielded such positive results. The necessary measures were taken and now talks concern the need for more workers instead of high unemployment rates.
In July, unemployment continued to decrease as the number of people registering for work was just above 1500. Statistics published by the NSO show how, when compared to the same month of last year, unemployment decreased by around 2,439. The unemployment rate in July of 2020 racked up towards 4,400 persons.
Comparing unemployment month by month also shows a decrease, as in June the number of people unemployed stood at 1,711. This means unemployment was reduced by 169 people in just a month. Other notable differences are clear when it comes to age gaps, as the amount of people between the ages of 30 and 44 who are unemployed decreased by almost three times as much.
The Prime Minister stated that such positive news shows that when it comes to other challenges, a government led by him has the credibility and will to address them.
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Photo Source: Robert Abela FB