In September 329,500 unemployed jobseekers

Ministry of Economic Affairs and Employment 25.10.2016 9.41
Press release
In September 329,500 unemployed jobseekers

A total of 329,500 unemployed jobseekers were registered at the Employment and Economic Development Offices at the end of September. This is 7,900 fewer than a year earlier. The number of unemployed jobseekers decreased by 13,100 from the previous month. The figures are from the Employment Bulletin of the Ministry of Economic Affairs and Employment.

The number of long-term unemployed — that is those who had been unemployed without interruption for more than a year — amounted to 125,400, up 12,400 on the previous year. The number of unemployed jobseekers over 50 years of age was 124,400, or 900 fewer than at the same time a year earlier.

Unemployed jobseekers under 25 years of age numbered 42,300, representing a decrease of 2,700 from September last year. Among unemployed young people, the period of unemployment ended within three months on average in 62.1% of cases between January and September, which is 0.1 percentage points less than the year before.

Increase in number of new vacancies

The number of new vacancies reported to Employment and Economic Development Offices during September totalled 46,900, or 9,200 more than in September the previous year. In all, the number of unfilled vacancies at Employment and Economic Development Offices in September amounted to 82,300, which is 15,900 more than a year ago.

At the end of September, the number of people laid off was 27,500 in the whole country, which is 2,000 less than the year before. The number of people fully laid off totalled 17,300, representing a decrease of 3,100 from September the year before.

The number of advance declarations of employers regarding potential lay-offs has decreased. According to the advance declarations, it is possible that 4,300 people will be laid off in the near future, which is 1,700 fewer than a year ago. The number of upcoming lay-offs increased by 800 from August to September.

At the end of September, the number of persons covered by services included in the activation rate amounted to 124,100, up 5,700 on the previous year. These services include pay subsidies, labour market training, work trials and self-motivated studies.

Statistics Finland: Unemployment rate 7,7 per cent

According to Statistics Finland’s Labour Force Survey In September 2016, the number of employed persons was 7,000 more than one year earlier. The employment rate grew by 0.4 percentage points from last year to 69.2 per cent. According to Labour Force Survey, there were 204,000 unemployed in September 2016, i.e. 21,000 fewer than in September of the year before. At 7.7 per cent, the unemployment rate was 0.8 percentage points lower in September than one year earlier.

Key differences between Employment Service Statistics and the Labour Force Survey:

The information is based on the Ministry of Economic Affairs and Employment’s Employment Service Statistics and monitoring of upcoming lay-offs, 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 Employment Service Statistics of the Ministry of Economic Affairs and Employment, persons 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 for being unemployed: a person is unemployed if he or she has actively sought employment during the preceding four weeks and is available for work within 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

Inquiries:
Petri Syvänen, Ministerial Adviser, Ministry of Economic Affairs and Employment, tel.  +358 29 504 8050

Links:

Employment Bulletin of the Ministry of Economic Affairs and Employment

Information on upcoming lay-offs

Key definitions of the Employment Service Statistics

Detailed information on the Employment Service Statistics available in an information system ‘Sector Online’: http://www.toimialaonline.fi path: Statistical base – Labour market – Employment service statistics

Joint publication of the Statistics Finland and the Ministry of Economic Affairs and Employment