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Finland — Unemployment falls to 7.5%

24 August 2010

According to the latest Labour Force Survey published today by Statistics Finland (Tilastokeskus), the employment rate among persons aged 15 to 64, stood at 70.6% in July 2010, which was +0.3 percentage points higher than one year previously.

Adjusted for seasonal and random variations, the trend of the employment rate was 67.9%. The employment rate for men rose by +0.7 percentage points to 72.6% compared to July 2009. The employment rate for women was almost unchanged at 68.5%.


There were 206,000 unemployed in July 2010, which was -5,000 fewer than in July 2009.

At 7.5%, the unemployment rate was -0.2 percentage points lower in July 2010 compared to July 2009. The trend of the unemployment rate was 8.3% in July.

The unemployment rate among young people aged 15 to 24 was 12.6% in July 2010, which was -2.4 percentage points lower than in July 2009. The trend of the unemployment rate among young people fell to 21.1%.

The number of 15 to 74-year-olds not in the labour force remained almost unchanged.

To read the full statistics in Finnish language please click here

 

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