Labour supply increases 3.1% over a year

Administrative data provided by the ETC show that over a period of one year, the labour supply (excluding part-timers) increased by 3.1%, reaching 178,089, which was mainly attributed to an increase in the full-time gainfully occupied population (7,106) and a drop in registered unemployment (1,672).

According to figures, in December, administrative and support service activities (NACE 77-82) contributed mostly to the increase in employment, compared to December 2014, with registered full-time employment in the private sector going up by 7,064 persons to 129,020 and public sector full-time employment increasing by 42 persons to 44,454.

The number of persons registered as full-time self-employed rose by 603 when compared to December 2014, while the number of persons registered as employees increased by 6,503, with full-time employment for males and females going up by 3.1% and 6.4% respectively over 2014 levels.

NSO added that registered part-time employment in December 2015 went up by 5.6% when compared to a year earlier, with sectors that contributed mostly to the overall increase were accommodation and food service activities (NACE 55-56, 667), wholesale and retail trade; repair of motor vehicles and motorcycles (NACE 45-47, 638) and transportation and storage (NACE 49-53, 311).

The number of part-timers who also held a full-time job amounted to 24,162 up by 7.6% when compared to the corresponding month in 2014. Employed persons whose part-time job was their primary occupation totalled 34,608, up by 4.3% or 1,429 persons when compared to 2014.