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Home BUSINESSUnemployment rate increases to 10.3%
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Thu, 28 May, 2015 12:07:41 AM
FTimes Report, May 28
 
jobseeker at the Employment Office Antinkatu 1 in Helsinki on 15 May 2015. Photo – Lehtikuva.
The number of unemployed persons in April 2015 was 280,000, which was 39,000 higher than the corresponding period one year ago with the unemployment rate being 10.3 per cent, according to Statistics Finland’s Labour Force Survey. 
 
The unemployment rate in April of the year before was, however, 9.0 per cent.
 
The number of persons in the inactive population was 14,000 lower than one year earlier.
 
In April 2015, the number of employed persons was 2,429,000, which was 19,000 lower than a year earlier, the data show.
 
There were almost the same number of employed men and 21,000 fewer employed women than in April 2014.
 
In April, the employment rate, that is, the proportion of the employed among persons aged 15 to 64, stood at 67.7 per cent, which was 0.5 percentage points lower than one year earlier.
 
Unemployment rate and trend of unemployment rate 2005/04–2015/04, persons aged 15–74. Source: Labour force survey 2015, April. Statistics Finland.
The employment rate of men remained unchanged at 67.6 per cent and that of women declined by 1.1 percentage points to 67.9 per cent.
 
Adjusted for seasonal and random variation, the trend of the employment rate was 68.1 per cent.
 
At the end of April 2015, there were altogether 339,000 persons registered in accordance with the Employment Office Regulations as unemployed job seekers at the employment and economic development offices.
 
The number of unemployed job seekers was 31,000 higher than in April 2014.
 
Unemployment increased from the previous year's April in the areas of all Employment and Economic Development Centres; most in Uusimaa (15%), North Savo (14%), Ostrobothnia (12%), and South Ostrobothnia (12%).
 
At the end of April, the number of temporarily laid off persons registered at the employment and economic development offices was 28,000, which was 2,000 higher than twelve months earlier.
 
There were 42,000 unemployed job seekers aged under 25 registered at the employment and economic development offices. The number was 5,000 higher than in last year's April.
 
In April this year, 44,000 new vacancies were reported to the employment and economic development offices, which was the same amount as in April 2014.
 
 

Changes in employment 2014/04–2015/04 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Month Change
2014/04 2015/04 2014/04 - 2015/04
1000 persons Per cent, %
Population total 4 094 4 099 0,1
Active population total 2 689 2 708 0,7
Employed 2 448 2 429 –0,8
– employees 2 093 2 053 –1,9
– self-employed persons and unpaid family workers 355 375 5,7
Unemployed 241 280 16,2
Inactive population 1 405 1 391 –1,0
– Persons in disguised unemployment 115 123 6,4
  Per cent, % Percentage points
Employment rate, persons aged 15 to 64 68,3 67,7 –0,5
Unemployment rate 9,0 10,3 1,4
Activity rate 65,7 66,1 0,4
Unrounded figures are used in the Change column.
The data comply with the ILO/EU definition.

Changes 2014/04–2015/04 according to the Employment Service Statistics of the Ministry of Employment and the Economy

  Year/Month Change
2014/04 2015/04 2014/04 - 2015/04
1000 persons Per cent, %
Unemployed job seekers 1) 307 339 10,2
– unemployed over a year 87 104 19,8
Services, total 130 129 –0,5
– employed 38 33 –13,4
– in labour market training, in training 32 27 –13,3
– in trainee places, engaged in work/training trials 13 13 –0,8
– as a job alternation substitute, in rehabilitative work, self-motivated studies supported by unemployment benefit 47 55 18,0
New vacancies at employment and economic development offices 43 44 0,6
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.

Source: Labour force survey 2015, April. Statistics Finland.

 
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