Labour supply increased by 3,000 between 2005 and 2007

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Labour supply increased by 3,000 between 2005 and 2007Comparing 2007 to 2005, the full-time gainfully occupied population increased by 3,800, or 2.7 per cent, while the registered unemployed decreased by 763, or 10.2 per cent. As a result, the labour supply (excluding part-time employment) increased by 3,037, or 2.1 per cent.

Full-time Employment

Activities registering an increase in full-time employment were the ‘other business activities’ and ‘construction.’ By contrast, sectors registering drops in employment included ‘manufacturing’ (-4.3 per cent) and ‘transport, storage and communication’ (-4.4 per cent).

The number of employees went up by 2.8 per cent, whereas self-employed rose by 2.2 per cent. In terms of distribution of employment by gender, 17.8 per cent of males worked in manufacturing followed by 15.3 per cent in wholesale and retail trade. By contrast, the majority of females were engaged in education-related activities (17.6 per cent) and wholesale and retail trade (14.5 per cent).

Part-time Employment

Revised ETC data indicate that between 2005 and 2007, total part-time employment increased by 6,086 persons, or 15.8 per cent. This was due to an increase of 15.8 per cent in persons working on a part-time basis but having also a full-time job, as well as to an increase of 16.0 per cent in persons having a part-time job as primary employment. As shown in Table 3, the main economic activities which recorded notable increases in part-timers were the ‘other business activities’ and ‘education’ Accordingly, over the three-year period, the number of part-timers engaged in ‘other business activities’ was estimated to have increased by 1,509, or 39.2 per cent. In this reference period, the number of part-timers engaged in ‘education’ was estimated to have increased by 809, or 18.7 per cent.

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