A young person browsed summer job options on the website of TE Offices on 28 January 2021. (Jussi Nukari – Lehtikuva)

Domestic
Tools
Typography

UNEMPLOYMENT decreased in Finland between December 2020 and December 2021.

Statistics Finland on Tuesday reported that the trend of the employment rate stood at 73.5 per cent and that of the unemployment rate at 7.0 per cent in the final month of last year. The ranks of the employed increased by 128,000 and those of the unemployed decreased by 16,000 from the previous year.

The trend refers to the rate adjusted for random and seasonal variation.

The ranks of the employed included anyone between the age of 18 and 74 years who was in paid employment in the last week of the year and was neither carrying out their mandatory military or civilian service, nor listed as a job seeker by the Ministry of Employment and the Economy.

Jukka Appelqvist, the chief economist at Finland Chamber of Commerce, highlighted a tweet that the labour force has grown particularly briskly.

“The decline in long-term unemployment has contrastively slowed down or even began to increase, which is admittedly quite bleak,” he added. “And employment growth remains too heavily dependent on part-time work, even though luckily some growth was detected also in full-time work in December.”

Over 107,000 people had been without a job uninterrupted for at least a year in December, representing an increase of almost 15,500 from December 2020.

Aleksi Teivainen – HT

Partners