Unemployment in Malta and Gozo falls to a record low

Unemployment in Malta and Gozo has fallen to a new record low. The latest jobless figures are more good news for the Maltese economy, which is officially the fastest-growing in europe. In July, the number of people out of work and claiming benefit stood at 1,654 – a fall of nearly 10 per cent compared […]

Unemployment in Malta falls by 9.1% in June

Unemployment in Malta and Gozo has dropped to a record low. The jobless total fell by 9.1 per cent in June, according to new figures from Malta’s national employment agency Jobsplus. It said the number of people out of work and claiming benefit stood at 1,616. Unemployment fell in all age groups, with the expectation […]

Ford to slash 12,000 jobs across Europe

Car giant Ford has announced it plans to axe 12,000 jobs across Europe by the end of next year. The carmaker is trying to cut costs at its European business, which is losing money. Ford said it has ceased production at three plants in Russia, is closing plants in France and Wales, and has cut […]

Malta’s biggest printer announces €7 million investment

Malta’s biggest printing firm has announced plans to expand its operations, creating dozens of new jobs. Gutenberg Press said it will invest €7 million in its two factories in Tarxien and Bulebel to meet soaring customer demand from the UK. The company, which opened in Malta in 1982, specialises in printing books, magazines, high quality […]

Supermarket giant Spar to open 23 Malta stores

Supermarket giant Spar has announced plans to create hundreds of new jobs in Malta. The retailer is set to open 23 stores around the island over the next seven years. The company’s first Maltese supermarket opened on Tuesday in Marsaxlokk. A second Spar store is set to launch at Tigne at the end of the […]

Unemployment in Malta hits 50-year low

There’s more good news for the Maltese economy. Malta’s jobless total is at its lowest since Independence, according to official figures. Data from JobsPlus showed that unemployment in Malta had plunged by more than 26 per cent in just 12 months. In March, the number of people out of work and claiming benefit stood at […]

Malta has second lowest unemployment in EU

There’s more good news for the Maltese economy. New figures show Malta now has second lowest unemployment rate in the EU. The jobless rate in Malta stands at 3.6 per cent – the same as in Germany. Only the Czech Republic faired better with unemployment at 2.3 per cent. The highest jobless rate remains in […]

Pharma giant to build €15 million plant in Malta

A new €15 million factory making flu remedies and contact lenses will create more than 60 new jobs in Malta The announcement is another boost to the Maltese economy, which is currently the fastest-growing in Europe. Bermuda-based pharmaceutical company Cetic plans to open a massive manufacturing plant on the Hal Far Industrial Estate in 2019. […]