Compared with a year earlier, there were 35,000 more unemployed workers. Are you interested in testing our corporate solutions? The number of unemployed increased by 35 thousand to 220 thousand while the number of employed declined by 6 thousand to 2.48 million. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. Chart. In October-December, the unemployment rate was 7.0 per cent in the Helsinki Region and7.4 per cent in Finland as a whole. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Corporate solution including all features. When you are ageing Ageing unemployed persons may be entitled to, for instance, additional days of unemployment allowance. Finland Unemployment Rate remained the same at 8.20 % in Dec 2020, from the previously reported number of 8.20 % in Nov 2020. The Labour Force Survey collects statistical data on the participation in work, employment, unemployment and activity of persons outside the labour force among the population aged between 15 and 74. Unemployment Rate in Finland decreased to 8.1 % in February 2021. Unemployment benefits include earnings-related daily unemployment allowance, basic unemployment allowance and labour market subsidy. In Finland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. Then you can access your favorite statistics via the star in the header. Finland’s economic freedom score is 76.1, making its economy the 17th freest in the 2021 Index. Youth unemployment In October 2020, 3.115 million young persons (under 25) were unemployed in the EU, of whom 2.551 million were in the euro area.In October 2020, the youth unemployment rate was 17.5% in the EU and 18.0% in the euro area, up from 17.4% and 17.9% respectively in the previous month. Observation: Source: World Bank > Finland > Finland Unemployment Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. Basic Info. You only have access to basic statistics. Profit from additional features by authenticating your Admin account. Immigrants’ employment rates have often been found to be lower and unemployment rates higher. According to the structural unemployment indicator based on labour market flows, unemployment in Finland is at slightly over 8%. Finland unemployment rate was at level of 8.4 % in 2020, up from 6.8 % previous year. Unemployment rate: 6.63% (2019 est.) Meanwhile, the unemployment rate for young people aged 15 to 24 stood at 20 percent in December, which was 5.2 percentage points higher than a year earlier. Download historical data for 20 million indicators using your browser. Statistics Finland on Tuesday revealed that the seasonally adjusted unemployment rate dropped to 7.3 per cent in July. (October 13, 2020). World Bank. Find Out The Trading Economics Application Programming Interface (API) provides direct access to our data. Unemployment rate in Finland 2010-2020, by age group. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook 2018. The increase is EUR 4.80 per day. 8.9. ", World Bank, Finland: Unemployment rate from 1999 to 2020 Statista, https://www.statista.com/statistics/328297/unemployment-rate-in-finland/ (last visited May 06, 2021), Finland: Unemployment rate from 1999 to 2020, Gross domestic product (GDP) in Finland 2026, Annual business confidence index for the industrial sector in EU 2008-2022, Annual business confidence index for the industrial sector Finland 2008-2022, Industry revenue of »manufacture of communication equipment« in Finland 2011-2023, Industry revenue of »manufacture of paper and paperboard« in Finland 2011-2023, Industry revenue of »manufacture of basic iron, steel, ferro-alloys« in Finland 2011-2023, Industry revenue of »sawmilling and planing of wood« in Finland 2011-2023, Industry revenue of »manufacture of lifting and handling equipment« in Finland 2011-2023, Annual business confidence index for the service sector Finland 2008-2022, Industry revenue of »engineering activities, related technical consultancy« in Finland 2011-2023, Industry revenue of »business and other management consultancy activities« in Finland 2011-2023, Industry revenue of »general cleaning of buildings« in Finland 2011-2023, Industry revenue of »temporary employment agency activities« in Finland 2011-2023, Industry revenue of »taxi operation« in Finland 2011-2023, Annual business confidence index for the retail sector Finland 2008-2022, Industry revenue of »retail sale in non-specialised stores with food« in Finland 2011-2023, Industry revenue of »sale of cars and light motor vehicles« in Finland 2011-2023, Industry revenue of »retail sale of hardware, paints and glass« in Finland 2011-2023, Industry revenue of »dispensing chemist in specialised stores« in Finland 2011-2023, Industry revenue of »retail sale of watches and jewellery« in Finland 2011-2023, Unemployment rate of vocational graduates in Finland 2012, by field of education, Number of mobile connections in Finland 2012-2019, Production value of the advertising and market research industry in Finland 2008-2017, National Health Insurance financing in Finland 2015, by type of financing, Share of laptop use for connecting to a wireless network in Finland 2016, by activity, Mobile phone usage for connecting to wireless internet in Finland 2016, by area, Demand of permanent big data architects annually in the UK 2008-2013, Chilled precooked fish purchase value in households in France 2009-2018, Wholesale of other intermediate products revenue in Luxembourg 2010-2022, Household expenditure on tools in Turkey 2002-2019, Polymers of ethylene: sales value in the United Kingdom (UK) 2010-2019, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Finland Economic Outlook. Nov 2020: Without increases, the amount of the unemployment benefit is on average EUR 726 per month (21.5 x EUR 33.78). You must pay tax on the unemployment benefit. The maximum rate was 19.9 % and minimum was 0.7 %. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). Unemployment Report days of unemployment Kela pays unemployment benefits on the basis of the unemployment status report. The jobless rate for men went up by 1.5 percentage points to 9.2 percent, while that for women rose by 1.0 percentage points to 7.0 percent. (billed annually). Finland Jobless Rate Rises In March. The Labour Force Survey data collection is based on a random sample drawn twice a year from the Statistics Finland population database. Please authenticate by going to "My account" → "Administration". In relative terms, the region with the highest percentage of unemployed job seekers of the foreign workforce is North Karelia, whose capital is the city of Joensuu, where 700 of the 1,694 persons that make up its immigrant labor force (or 41.3%) are in … Quick Analysis with our professional Research Service: Show sources information 2016. In addition, migrants to Finland are more likely than native-born Finns to work in jobs that do not match their education or skills (see, for example, Myrskylä & Pyykkönen 2014, 19–26). Finland's main challenges will be reducing high labor costs and boosting demand for its exports. Unemployment, total (% of total labor force) (modeled ILO estimate) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Finland unemployment rate, percentage of total Finnish labor force. GDP growth forecast: Western Europe, U.S., U.K. and Germany 2010-2023, Share of economic sectors in the GDP in Finland 2019, Gross domestic product (GDP) growth rate in Finland 2026. Finland … Data published Monthly by Statistics. The unemployment rate for the 15 to 74 age group rose to 8.1 percent in March from 7.3 percent in the same month last year. In 2020, the unemployment rate in Finland was at approximately 6.66 percent. The data reached an all-time high of 17.60 % in Feb 1994 and a record low of 2.80 % in Jan 1990. Unemployment Rate in Finland averaged 6.43 percent from 1959 until 2021, reaching an all time high of 19.90 percent in May of 1994 and a record low of 0.70 percent in September of 1961. Learn more about how Statista can support your business. You are The number of unemployed workers decreased by 15,000, leaving a total of 220,000 jobless workers during the month. Finland Unemployment Rate is at 8.40%, compared to 7.80% last month and 6.60% last year. 2019. This was the highest jobless rate since June, as the number of unemployed increased by 48 thousand to 212 thousand while the number of employed declined by 67 thousand to 2.13 million. facts. "Finland: Unemployment rate from 1999 to 2020." Finland: Unemployment rate from 1999 to 2020 [Graph]. The number of unemployed increased by 24 thousand to 219 thousand while the number of employed increased by 22 thousand to 2.496 million. Meanwhile, the unemployment rate rose to a near three-year high in September and consumer confidence decreased in the same month to its lowest value since May, likely capping private spending. Register in seconds and access exclusive features. Finnish Jobless Rate Rises to 8.1% in March, Finnish Consumer Morale Strongest Since 2018, Finnish Inflation Rate at 23-Month High of 1.3%, Finnish Current Account Swings to Surplus in February, Finnish Q4 GDP Growth Rate Revised Up to 0.4%, Finnish Producer Prices Fall for 5th Month, Finnish Industrial Output Rises the Least in 4 months, Argentina Industrial Production Hits Record High, South African Stocks End Cautiously Higher. Then you will be able to mark statistics as favourites and use personal statistics alerts. Employment Rate in Finland averaged 67.86 percent from 1988 until 2020, reaching an all time high of 79.60 percent in June of 1988 and a record low of 56.80 percent in January of 1994. The activity rate was up to 65.8 percent in March from 64.6 percent a year earlier, and the employment rate rose to 70.7 percent from 70.2 percent. In 2020, the unemployment rate in Finland was at 7.9 percent, an increase of 1.1 percent from … Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, … The unemployment rate for people aged 15 to 24 stood at 21.9 percent, which was 4.1 percentage points lower than one year previously. Directly accessible data for 170 industries from 50 countries Finland's unemployment rate increased to 7.8 percent in December of 2020 from 6.0 percent in the same month the previous year. Show publisher information. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Finland's unemployment rate increased to 8.1 percent in March of 2021 from 7.3 percent in the same month the previous year. Unemployment Rate: Aged 15-64: All Persons for Finland (LRUN64TTFIQ156N) Q3 2020: 7.9 | Percent | Quarterly | Updated: Jan 21, 2021. Surprisingly, none of the areas mentioned above suffer from higher unemployment among immigrants. Statista. 9.3. All figures are modeled ILO estimates. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Please create an employee account to be able to mark statistics as favorites. 2015. This is lower than the long term average of 9.03%. Finland's jobless rate increased in March, figures from Statistics Finland showed on Tuesday. Labour force survey The Labour Force Survey collects statistical data on the participation in work, employment, unemployment and activity of persons outside the labour force among the population aged between 15 and 89. Unemployement rate compares the percent of the labor force that is without jobs. Finland's unemployment rate increased to 8.1 percent in February of 2021 from 6.9 percent in the same month the previous year. Finland unemployment rate for 2019 was 6.60%, a 0.77% decline from 2018. Occupational accident statistics and over 1 Mio. "Finland: Unemployment Rate from 1999 to 2020. 1959-2021 Data | 2022-2023 Forecast | Calendar. Finland's unemployment rate increased to 8.7 percent in January of 2021 from 7.1 percent in the same month the previous year. This was the highest jobless rate since last May, as the number of unemployed increased by 41 thousand to 235 thousand while the number of employed declined by 61 thousand to 2.47 million. Economy Latest Trend Ranking; Composite leading indicator (CLI) Indicator 100.83 Amplitude adjusted Long-term average = 100 Mar-21 Finland Long-term average = 100 Household disposable income Indicator: 1.8 Net Annual growth rate (%) $39 per month* Please do not hesitate to contact me. See Also. Highest rate of unemployed foreigners. Finland’s unemployment rate fell to 8.1% in February from 8.7% in January. The Federation of Unemployment Funds in Finland (TYJ) informs that you can claim earnings-related allowance from an unemployed fund if you have been working before and meet the following criteria: 1. Publish your articles and forecasts in our website. The activity rate was down to 65.6 percent in December from 66.2 percent a year earlier, and the employment rate fell to 70.7 percent from 73.0 percent. Definition: This entry contains the percent of the labor force that is without jobs. Unemployment rate The unemployed are people of working age who are without work, are available for work, and have taken specific steps to find work. Read more Finland: Unemployment rate from 1999 to 2020 Below upper secondary 13% 9% 13% 9% 16% 11% 16 of 35 Observation: Nov 2020: 7.8 (+ more) Updated: Jan 21, 2021. The monthly sample consists of some 12,000 …
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