Gibraltar employment level increases by 50% over last decade

Gibraltar will have more workers than residents if the increase continues for the next decade

LAST UPDATED: 27 Sep, 2015 @ 20:39
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THE employment level in Gibraltar has increased by more than 50% over the last decade. 

Interest from Rank Group

There were 16,000 people with jobs on the Rock in 2004, compared to 24,422 in last year’s survey, an increase of 8,000.

If this trend continues, in ten years’ time there may be more people employed in Gibraltar than there are resident.

Edward Macquisten, chief executive of the Gibraltar Chamber of Commerce, told the Olive Press: “The figures don’t surprise me because Gibraltar is so good at creating jobs.

“Not just in the online gaming industry, which currently employs 3,500 people, but also in construction and financial services such as accounting.”

Another 50% increase in employment would bring the number to 32,000 in 2025, just edging the current population of around 30,000.

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