In Finland the number of unemployed people increased

There was registered an increase in the number of unemployed job seekers in January 2020

According to the Employment and Economic Development Offices there were registered 251 700 people as unemployed job seekers at the end of January 2020 with a year-on-year increase of 200.

Unemployment in Finland

Unemployment rates in Finland
the number of unemployed in Finland in January 2020

The key statistical data are the following:

  • There was a decrease in number of unemployed job seekers by 6 000 compared to December 2019
  • The number of long-term unemployed amounted to 63 400, which is at 2 500 less than in the previous year
  • Among people over 50, the number of unemployed was 94 400, which is at 300 more than a year earlier
  • The number of unemployed looking for work under the age of 25 was in amount of 30 800, which is at 1 200 less than in January 2019

The number of vacancies reported to the Employment and Economic Development Offices:

  • the amount of new vacancies in January was 92 900, that is at 5 900 more than in January 2019
  • the total number of vacancies in January 2020 amounted to 146 400, which is at 12 100 more than a year ago

At the end of January 2020, the number of people laid off throughout the country was 24 400; year-on-year growth amounted to 3300 people.

The level of employment and unemployment increased compared to the same period last year:

  • The employment rate was 72,1%, which is 1,5 % higher than in January a year earlier.
  • The unemployment rate was 7,2%, or 0,4 % higher than the previous year.

Source: You can find the original text at TE Services website.

Source: You can find full statistic data at Statistics Finland website.

Published 25.02.2020, FINREPO

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