Young Workers In Malta At Low Risk Of Poverty

22nd January 2019

Only 5.1 per cent of young, employed people in Malta were at risk of poverty.

In 2017, Malta had one of the lowest proportions of young people aged 18-24 in work and at risk of poverty in the European Union, according to statistics agency Eurostat.

Only 5.1 per cent of young, employed people in Malta were at risk of poverty. Indeed, Malta just missed out on joining the three EU nations with rates below 5 per cent - the Czech Republic (1.5 per cent), Slovakia (3.8 per cent) and Finland (4.2 per cent).

In contrast, the highest proportion of young people aged 18-24 in work and at risk of poverty in 2017 was in Romania (28.2 per cent), surprisingly followed by affluent Luxembourg (20.0 per cent) and Denmark (19.1 per cent). The young people of Spain and Estonia followed, at 19 per cent and 18.4 per cent respectively.

Individuals are identified as being at risk of poverty if their equivalised disposable income is less than 60 per cent of the median equivalised disposable income after social transfers have been taken into account.

The proportion of young people at risk of poverty EU-wide was estimated to be 11 per cent, 1.1 percentage points below the figure for 2016. The proportion has fallen each year since a peak in 2014 (12.9 per cent).

The at-risk-of-poverty rate for all people in work in the EU was 9.4 per cent in 2017, and has varied around 9.5 per cent since 2014.


22nd January 2019

President Coleiro Preca will be accompanied by a trade delegation led by Lino Mintoff, the Malta Chamber of Commerce’s Head of Projects and Internationalisation.

22nd January 2019

There were 310 cruise liner calls in 2018, with an average 2,041 passengers per vessel, compared to 342 calls and an average 1,959 passengers per vessel in 2017.

21st January 2019

Clyde Caruana said that the local labour force was being utilised to close to full capacity.

21st January 2019

The debt-to-GDP ratio fell to 45.9 per cent, reflecting a €326 million decrease in national debt, and well below the 60 per cent benchmark set by the EU.