Last Updated 25 | 09 | 2013 at 11:25

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Employment up by 3% - Labour Force Survey

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Employment increased by 3 per cent when compared to the corresponding period last year, according to Labour Force Survey estimates, the NSO said.

Almost half the population aged 15 and over were employed while total employment for the period stood at 176,862.

The number of unemployed and inactive persons amounted to 12,758 and 170,614 respectively.

Out of every 100 persons (aged 15-64) surveyed during the second quarter, 65 were active. The activity rate varied from 50 per cent among females to 79 per cent among males.

The Employed Population

In the second quarter, the employment rate for persons aged 15 to 64 stood at 61 per cent, an increase of two percentage points over the rate in the previous year. This rate rose by three percentage points for females and one percentage point for males.

The highest employment rate was recorded among persons aged between 25-54.

The largest share of employed men (32 per cent) were engaged in wholesale and retail trade, transportation and storage, accommodation and food service activities.

On the other hand, 41 per cent of females worked in public administration, defence, education, human health and social work activities.

In terms of professional status, employees accounted for nearly 86 per cent of the total work force. Out of the total number of employed persons, 85 per cent worked on a full-time basis. On the other hand, part-time employment amounted to 21,483.

The average gross annual basic salary of employees was estimated at €15,730. This amount refers to the gross annual basic salary and excludes extra payments such as overtime, bonuses and allowances, as explained in the methodological notes. The highest average gross annual salary for employees was recorded in financial and insurance activities.

The unemployment rate for the period under review was estimated at 6.7 per cent. Within the unemployed population, 41 per cent stated that they had been seeking work for at least 12 months.

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