Friday 9/17/21
LABOUR FORCE SURVEY

Employment in Finland clearly increased in June

Unemployment is much higher among young people, although there is an improvement in the year-on-year figures
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The number of people employed increased clearly in Finland in June.

According to Statistics Finland’s Labour Force Survey, the number of employed people was 121,000 higher than in June 2020.

However, it is not all good news, as there were also 7,000 more unemployed than a year ago.

In June 2021, the number of employed persons was 2,677,000, which was 121,000 more than a year earlier. There were 45,000 more employed men and 76,000 more employed women than in June 2020.

The employment rate of persons aged 15 to 64, that is, the proportion of the employed among persons aged 15 to 64, stood at 75.8%, having been 72.8% one year earlier. The employment rate of men aged 15 to 64 rose by 1.3 percentage points to 76.3% and that of women by 4.6 points to 75.2% from last year’s June.

The employment rate of people aged 20 to 69 was 72.3%, having been 69.6% twelve months earlier.

Screenshot 2021-07-27 at 09-30-02 Statistics Finland - Labour Force Survey

Source: Statistics Finland.

Unemployment

According to Statistics Finland's Labour Force Survey, in June there were 220,000 unemployed, 7,000 more than one year earlier.

Unemployment affects men more than women: the number of unemployed men was 125,000 and that of women 95,000.

The unemployment rate, or the proportion of the unemployed among the labour force, was 7.6% in June, having been 7.7% in the year before.

From last year’s June, men’s unemployment rate rose by 0.8 percentage points to 8.3% and women’s unemployment rate declined by 1.1 percentage points to 6.9%.

Unemployment is much higher among young people, although there is already an improvement in the year-on-year figures. In June, the unemployment rate for people aged 15 to 24 stood at 16%, which was 4.7 percentage points lower than one year previously.

There were 1,225,000 persons aged 15 to 74 in the inactive population in June, which was 140,000 fewer than one year earlier.

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