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Finland – Unemployment increased in May

25 June 2013

Finland’s Labour Force Survey reports that the number of unemployed persons in May 2013 was 34,000 higher compared with last year, equating to 300,000 people out of work .Unemployment rose to 10.8%, an increase of +1.3% year-on-year.

At the end of May, the number of temporary workers unemployed and registered with employment agencies and economic development offices was 16,000, an increase of 5,000 workers compared with the same period last year.

The proportion of people employed between the ages of 15 – 64 dropped -1% compared to a year ago. Over the same period, employment for men fell -1% and for women fell -0.9%.

Unemployment in Finland peaked at approximately 17% of the population in 1994, and had been experiencing a downward trend until 2010 when unemployment rose again for the first time. 

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