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Wed, 21 May, 2014 12:07:03 AM
FTimes Report, May 21
 
File picture of a young man examines a bulletin board searching job at a job center in Helsinki. Photo - Lehtikuva.
The rate of unemployment in the country has risen to 9 per cent in April compared to 8.8 per cent in the corresponding month of last year.
 
According to the Statistics Finland’s Labour Force Survey, the number of unemployed persons in April 2014 was 241,000, slightly more than one year ago. 
 
There were 18,000 fewer employed persons than in April 2013. The number of persons in the inactive population was 25,000 higher in April 2014 than one year earlier.
 
In April 2014, the number of employed persons was 2,448,000, which is 18,000 lower than a year earlier (margin of error ±32,000). There were 16,000 fewer employed men and nearly as many employed women as in April 2013.
 
The number of employed persons decreased in the private sector and grew in the public sector compared with April 2013.
 
Unemployment rate and trend of unemployment rate 2004/04 – 2014/04. Source: Statistics Finland.
In April 2014, the employment rate, that is, the proportion of the employed among persons aged 15 to 64, stood at 68.3 per cent, having been 68.7 per cent one year earlier.
 
Men’s employment rate was 67.6 per cent and women’s 69.0 per cent. Adjusted for seasonal and random variation, the trend of the employment rate was 68.4 per cent.
 
According to the survey, there were 241,000 unemployed in April 2014, which was slightly more than one year earlier (margin of error ±19,000). The number of unemployed men was 142,000 and that of women 99,000.
 
At 9 per cent, the unemployment rate in April was 0.1 percentage points higher than one year earlier. Men’s unemployment rate was 10.3 per cent and women’s 7.6 per cent. The trend of the unemployment rate was 8.5 per cent.
 
The number of young people aged 15 to 24 was 653,000 in April. Of them, 241,000 were employed and 83,000 unemployed. 
 
There were 38,000 unemployed job-seekers aged under 25, registered with the employment and economic development offices.
 
Their number was 3,000 higher than that in last year’s April. In April, 43,000 new vacancies were reported to the employment and economic development offices, which is 2,000 less than that in April 2013.
 
 
Changes in employment 2013/04 – 2014/04 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74
 
  Year/Month Change
2013/04 2014/04 2013/04 - 2014/04
1000 persons Per cent, %
Population total 4 084 4 094 0,2
Active population total 2 705 2 689 –0,6
Employed 2 466 2 448 –0,7
– employees 2 118 2 093 –1,2
– self-employed persons and unpaid family workers 348 355 2,0
Unemployed 239 241 0,9
Inactive population 1 379 1 405 1,8
– Persons in disguised unemployment 112 115 3,0
  Per cent, % Percentage points
Employment rate, persons aged 15 to 64 68,7 68,3 –0,4
Unemployment rate 8,8 9,0 0,1
Activity rate 66,2 65,7 –0,5
Unrounded figures are used in the Change column.
The data comply with the ILO/EU definition.

Changes 2013/04 – 2014/04 according to the Employment Service Statistics of the Ministry of Employment and the Economy

  Year/Month Change
2013/04 2014/04 2013/04 - 2014/04
1000 persons Per cent, %
Unemployed job seekers 1) 279 307 10,0
– unemployed over a year 69 87 25,2
Services, total 109 130 18,3
– employed 29 38 28,2
– in labour market training, in training 30 32 5,9
– in trainee places, engaged in work/training trials 13 13 1,2
– as a job alternation substitute, in rehabilitative work, self-motivated studies supported by unemployment benefit 37 47 26,5
New vacancies at employment and economic development offices 46 43 –5,0
Unrounded figures are used in the Change column.
1) The law reform that entered into force at the beginning of 2013 and the change in the lay-off procedure on 1 July increase the number of unemployed job seekers somewhat.
 
 
 
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