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The characteristics associated with the short and long-term unemployed in the Maltese labour market

Author

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  • Rafael Fearne
  • Ian Borg

Abstract

The evolution of the Maltese labour market in recent years is likely to have a lasting effect on the Maltese economy. Record high growth in combination with active labour market policies pushed unemployment down and labour participation up. This policy note seeks to dissect the unemployed population, highlighting the differences and similarities between the short-term and long-term unemployed. The study approaches this by first investigating what brought about the reduction in the unemployment rate and what policies have been effective in helping reduce the number of unemployed. Then, utilising data from the Labour Force Survey, context is given to the unemployed population in Malta as the short-term and long-term are grouped according to several characteristics. Finally, the paper concludes by reflecting upon the Maltese labour market’s strengths and weaknesses and possible ways to address these going forward.

Suggested Citation

  • Rafael Fearne & Ian Borg, "undated". "The characteristics associated with the short and long-term unemployed in the Maltese labour market," CBM Policy Papers PP/06/2021, Central Bank of Malta.
    • Handle: RePEc:mlt:ppaper:0621
    as

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    File URL: https://www.centralbankmalta.org/site/Publications/Economic%20Research/2021/policy-note-unemployment-duration.pdf?revcount=8434
    File Function: First version, 2021
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    References listed on IDEAS

    as
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    5. Calmfors, Lars & Forslund, Anders & Hemström, Maria, 2002. "Does active labour market policy work? Lessons from the Swedish experiences," Working Paper Series 2002:4, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    6. John Martin, 2015. "Activation and active labour market policies in OECD countries: stylised facts and evidence on their effectiveness," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-29, December.
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    More about this item

    JEL classification:

    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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