A more recent publication of this set of statistics is available.

Latest publication: Labour force survey 2019, January

Published: 26 July 2016

Unemployment rate 9.3 per cent in June

According to Statistics Finland’s Labour Force Survey, the number of unemployed persons in June 2016 was 264,000, which was 16,000 lower than one year ago. The unemployment rate was 9.3 per cent, having been 10.0 per cent in June of the year before. There were 33,000 more employed than in June of the previous year. The unemployment rate was 10.0 per cent in the second quarter (April to June), having been 10.7 per cent in the respective quarter of 2015.

Unemployment rate and trend of unemployment rate 2006/06–2016/06, persons aged 15–74

Unemployment rate and trend of unemployment rate 2006/06–2016/06, persons aged 15–74

In June 2016, the number of employed persons was 2,558,000 (margin of error ±32,000), which was 33,000 more than a year earlier. There were 42,000 more employed men and 10,000 fewer employed women than in June 2015.

In June 2016, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 72.0 per cent, having been 71.0 per cent one year earlier. Men’s employment rate rose from last year’s June by 2.5 percentage points to 74.7 per cent and women’s employment rate fell by 0.5 percentage points to 69.3 per cent. Adjusted for seasonal and random variation, the trend of the employment rate was 68.5 per cent.

According to Statistics Finland's Labour Force Survey, there were 264,000 unemployed in June 2016 (margin of error ±20,000), i.e. 16,000 fewer than in June of the year before. The number of unemployed men was 126,000 and that of women 137,000.

At 9.3 per cent, the unemployment rate was 0.6 percentage points lower in June than one year earlier. Men’s unemployment rate was 8.5 per cent and women’s 10.2 per cent. The trend of the unemployment rate was 8.9 per cent.

In June, there were a total of 636,000 young people aged 15 to 24 . Of them, 350,000 were employed and 87,000 unemployed. The number of young people in the active population, i.e. the employed and unemployed, was 438,000. In June, the unemployment rate for young people aged 15 to 24, that is, the proportion of the unemployed among the labour force, stood at 20.0 per cent, which was 2.7 percentage points lower than one year previously. The trend of the unemployment rate among young people was 20.3 per cent. The share of unemployed young people aged 15 to 24 among the population in the same age group was 13.7 per cent.

There were 1,286,000 persons in the inactive population in June 2016, which was 7,000 fewer than one year earlier. Of the inactive population, 161,000 persons were in disguised unemployment , which was 9,000 more than in June 2015.

Changes in employment 2015/06 – 2016/06 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Month Change
2015/06 2016/06 2015/06 - 2016/06
1000 persons Per cent, %
Population total 4 099 4 108 0,2
Active population total 2 806 2 822 0,6
Employed 2 526 2 558 1,3
– employees 2 186 2 205 0,9
– self-employed persons and unpaid family workers 340 353 3,9
Unemployed 280 264 –5,8
Inactive population 1 293 1 286 –0,6
– Persons in disguised unemployment 153 161 5,7
  Per cent, % Percentage points
Employment rate, persons aged 15 to 64 71,0 72,0 1,0
Unemployment rate 10,0 9,3 –0,6
Activity rate 68,4 68,7 0,2
Unrounded figures are used in the Change column.
The data comply with the ILO/EU definition.

Labour Force Survey data for the second quarter of 2016

In the second quarter of 2016, the average number of employed persons was 2,477,000, or 14,000 higher than in the corresponding quarter of 2015. The number of employed persons increased most in construction (F) and decreased in professional, scientific and technical activities (M).

The number of hours worked by employed persons was around 5.6 per cent higher in the second quarter of 2016 than twelve months previously.

The average number of unemployed persons in the second quarter of 2016 was 275,000, which was 20,000 lower than in the April to June period of 2015. The unemployment rate was 10.0 per cent in the second quarter of 2016, having been 10.7 per cent in the respective quarter of 2015.

In the second quarter of 2016, the number of persons in the inactive population was 1,357,000, which was 15,000 higher than a year earlier. Of the inactive population, 143,000 persons were in disguised unemployment , which was 6,000 more than in the corresponding period of 2015.

Changes in employment 2015/II – 2016/II according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Quarter Change
2015/II 2016/II 2015/II - 2016/II
1000 persons Per cent (%)
Active population total 2 757 2 752 –0,2
Employed persons total 2 463 2 477 0,6
Unemployed total 295 275 –6,6
– men 159 145 –9,1
– women 136 131 –3,8
Inactive population 1 342 1 357 1,1
– Persons in disguised unemployment 137 143 4,6
Unrounded figures are used in the Change column.
The data comply with the ILO/EU definition.

Employment Service Statistics of the Ministry of Employment and the Economy

At the end of June 2016, there were altogether 366,000 persons registered in accordance with the Employment Office Regulations as job seekers at the employment and economic development offices . The number of unemployed job seekers was 3,000 lower than in June 2015.

Unemployment fell in June from the corresponding period in 2015 in the areas of eleven Employment and Economic Development Centres: most in Kainuu (–10%), Häme (–6%), North Ostrobothnia (–5%), and Central Finland (–5%). In the areas of all other Employment and Economic Development Centres, unemployment increased: most in Ostrobothnia (6%), Pirkanmaa (3%) and Uusimaa (2%). At the end of June, the number of temporarily laid off persons registered at the employment and economic development offices was 21,000, which was 2,000 fewer than twelve months earlier.

The number of persons engaged in services included in the activation rate totalled 108,000 at the end of June, which was 1,000 more than in June of the year before. Altogether, 3.8 per cent of the labour force was covered by labour market policy services.

There were 54,000 unemployed job seekers aged under 25 registered at the employment and economic development offices. Their number was 2,000 lower than in last year's June. During this June, 39,000 new vacancies were reported to the employment and economic development offices, which was 5,000 more than in June 2015.

Changes 2015/06–2016/06 according to the Employment Service Statistics of the Ministry of Employment and the Economy

  Year/Month Change
2015/06 2016/06 2015/06 - 2016/06
1000 persons Per cent, %
Unemployed job seekers 369 366 –0,8
– unemployed over a year 110 127 15,0
Services, total 107 108 0,9
– employed 30 24 –19,4
– in labour market training, in training 20 19 –6,0
– engaged in work/training trials 11 11 1,3
– as a job alternation substitute, in rehabilitative work, self-motivated studies supported by unemployment benefit 46 54 17,2
New vacancies at employment and economic development offices 34 39 15,4
Unrounded figures are used in the Change column.

Contact information for the Ministry of Employment and the Economy:
Heikki Räisänen tel. +358 29 504 7118,  http://www.temtyollisyyskatsaus.fi

Links

Labour Force Survey tables in databases

About seasonally adjusted trend

The accuracy of figures and the margins of error are explained in the quality description of the Labour Force Survey .

Comparison between the employment statistics of Statistics Finland and the Ministry of Employment and the Economy

Latest seasonally adjusted employment figures published by the EU can be found on Eurostat's home page http://ec.europa.eu/eurostat

Job vacancies

Latest data on open job vacancies published by the EU can be found on Eurostat's home page http://ec.europa.eu/eurostat


Source: Labour force survey 2016, June. Statistics Finland

Inquiries: Tuomas Remes 029 551 3682, Ulla Hannula 029 551 2924, tyovoimatutkimus@stat.fi

Director in charge: Jari Tarkoma

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Tables

Tables in databases

Appendix tables

Figures
Quality descriptions

Updated 26.7.2016

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. June 2016. Helsinki: Statistics Finland [referred: 26.3.2019].
Access method: http://www.stat.fi/til/tyti/2016/06/tyti_2016_06_2016-07-26_tie_001_en.html