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

Rafael Fearne and Ian Borg ()

No PP/06/2021, CBM Policy Papers from Central Bank of Malta

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.

JEL-codes: E24 J24 J64 (search for similar items in EconPapers)
Pages: 27 pgs
New Economics Papers: this item is included in nep-lab and nep-mac
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https://www.centralbankmalta.org/site/Publications ... on.pdf?revcount=8434 First version, 2021 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:mlt:ppaper:0621

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