275,300 unemployed jobseekers in December
The number of unemployed jobseekers decreased by 82,000 from December the year before. The number of new vacancies reported in December totalled 90,600. In all, the number of unfilled vacancies amounted to 164,500, which is 71,600 more than a year ago.
At the end of December, a total of 275,300 unemployed jobseekers were registered at the Employment and Economic Development Offices and municipalities participating in the local government pilots on employment. This is 82,000 less than a year earlier, but 17,600 more than in December two years ago. The number of unemployed jobseekers increased by 22,600 from the previous month.
Of the unemployed jobseekers, 144,700 were customers of municipalities participating in the local government pilots on employment. The number of unemployed jobseekers also includes those fully laid off. These figures are from the Employment Bulletin of the Ministry of Economic Affairs and Employment.
At the end of December, the number of people laid off was 34,000 in the whole country, which was 62,500 fewer than at the same time the year before. The number of people fully laid off totalled 25,400, representing a decrease of 52,400 from December the year before. The number of people fully laid off increased by 6,700 from November.
107,300 unemployed in the long term
The number of long-term unemployed — that is those who had been unemployed without interruption for at least a year — amounted to 107,300, up 15,400 on the previous year. The number of unemployed jobseekers aged over 50 was 105,400, or 21,800 fewer than at the same time a year earlier.
The number of unemployed jobseekers aged under 25 was 31,200, representing a decrease of 12,600 from December the year before. Of the unemployment periods of youths, 61.1 per cent ended before reaching three months between January and December. This is 2.4 percentage points less than the year before.
Increase in new vacancies
The number of new vacancies reported during December totalled 90,600, or 40,200 more than in December the previous year. In all, the number of unfilled vacancies in December amounted to 164,500, which is 71,600 more than a year ago.
At the end of December, the number of persons covered by services included in the activation rate amounted to 104,200, down 3,500 on the previous year. These services include pay subsidies, labour market training, work trials and self-motivated studies.
Statistics Finland: The trend of the unemployment rate 7.0%
According to the Labour Force Survey issued by Statistics Finland, in December the number of people in employment was 128,000 more than on the previous year. The trend of the employment rate was 73.5%, which was 2.5 percentage points higher than in December the year before. According to the Survey, the unemployment total was 187,000, which is 16,000 less than a year ago. The trend of the unemployment rate was 7.0%, or 1.1 percentage points lower than the previous year.
Key differences between Employment Service Statistics and the Labour Force Survey
This information is based on the Ministry of Economic Affairs and Employment’s Employment Service Statistics and the Labour Force Survey of Statistics Finland. The Employment Service Statistics of the Ministry are compiled on the basis of the information in the Employment and Economic Development Offices’ customer register, while the Labour Force Survey of Statistics Finland is based on sampling.
In the Ministry’s Employment Service Statistics, people that are not in an employment relationship or employed in business are listed as unemployed. Persons fully laid-off but not full-time students are also categorised as unemployed in the Employment Service Statistics. The Labour Force Survey of Statistics Finland has a stricter definition of being unemployed: a person is unemployed if he or she has actively sought employment during the preceding four weeks and is available for work over the coming two weeks. The figures of the Labour Force Survey of Statistics Finland are internationally comparable and thus they are the official Finnish unemployment statistics.
Further information on the differences in the statistics https://tilastokeskus.fi/til/tyti/tyti_2019-09-13_men_001_en.html
Inquiries:
Petri Syvänen, Ministerial Adviser, Ministry of Economic Affairs and Employment, tel. +358 29 504 8050
Key definitions of the Employment Service Statistics
Information on the Employment Service Statistics is available in the StatFin statistical database
Joint publication of Statistics Finland and the Ministry of Economic Affairs and Employment