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Published: 21 July 2015

Unemployment rate 10.0 per cent in June

According to Statistics Finland’s Labour Force Survey, there were 280,000 unemployed in June 2015. The number of unemployed persons was 22,000 higher than one year ago. The unemployment rate was 10.0 per cent, having been 9.2 per cent in June of the year before. There were 35,000 fewer employed than in June of the previous year. The unemployment rate in the second quarter (April to June) was 10.7 per cent, which was 1.1 percentage points higher than in the respective quarter of 2014.

Unemployment rate and trend of unemployment rate 2005/06–2015/06, persons aged 15–74

Unemployment rate and trend of unemployment rate 2005/06–2015/06, persons aged 15–74

In June 2015, the number of employed persons was 2,526,000, which was 35,000 lower than a year earlier (margin of error ±32,000). There were 22,000 fewer employed men and 13,000 fewer employed women than in June 2014.

In June, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 71.0 per cent, which was 0.7 percentage points lower than one year before. The employment rate for men decreased by 0.9 percentage points to 72.2 per cent, and that of women by 0.5 percentage points to 69.7 per cent. Adjusted for seasonal and random variation, the trend of the employment rate was 67.7 per cent.

According to Statistics Finland's Labour Force Survey, there were 280,000 unemployed in June 2015, i.e. 22,000 more than one year earlier (margin of error ±21,000). The number of unemployed men was 154,000 and that of women 126,000. There were 3,000 fewer unemployed women and 25,000 more unemployed men compared with June 2014.

At 10.0 per cent, the unemployment rate was 0.8 percentage points higher in June than one year earlier. Men’s unemployment rate was 10.5 per cent and women’s 9.4 per cent. The trend of the unemployment rate was 9.7 per cent.

In June, there were a total of 644,000 young people aged 15 to 24 . Of them, 345,000 were employed and 101,000 unemployed. Thus, the labour force of young people (employed and unemployed) totalled 446,000. 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 22.7 per cent, which was 2.0 percentage points higher than one year previously. The trend of the unemployment rate among young people was 23.1 per cent. The share of unemployed young people aged 15 to 24 among the population in the same age group was 15.7 per cent.

There were 1,293,000 persons in the inactive population in June 2015, which was 18,000 more than one year earlier. Of the inactive population, 153,000 persons were in disguised unemployment , which was 4,000 more than in June 2014.

Changes in employment 2014/06 – 2015/06 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Month Change
2014/06 2015/06 2014/06 - 2015/06
1000 persons Per cent, %
Population total 4 095 4 099 0,1
Active population total 2 819 2 806 –0,5
Employed 2 561 2 526 –1,4
– employees 2 218 2 186 –1,4
– self-employed persons and unpaid family workers 343 340 –0,9
Unemployed 258 280 8,4
Inactive population 1 275 1 293 1,4
– Persons in disguised unemployment 148 153 2,9
  Per cent, % Percentage points
Employment rate, persons aged 15 to 64 71,7 71,0 –0,7
Unemployment rate 9,2 10,0 0,8
Activity rate 68,8 68,4 –0,4
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 2015

In the second quarter of 2015, there were on average 2,463,000 employed persons . There were 27,000 fewer employed persons than in the corresponding period in 2014. The number of employed persons increased most in the industries agriculture, forestry and fishing and mining (A, B), and administrative and support service activities (N), and decreased most in wholesale and retail trade (G).

The number of hours worked by employed persons was 0.3 per cent higher in the second quarter of 2015 than twelve months previously.

The average number of unemployed persons in the second quarter of 2015 was 295,000, which was 30,000 more than in the April to June period of 2014. The unemployment rate for the second quarter of 2015 was 10.7 per cent. The unemployment rate was 1.1 percentage points higher than in the corresponding period in 2014.

In the second quarter of 2015, the number of persons in the inactive population was 1,342,000, which was 3,000 higher than a year earlier. Of the inactive population, 137,000 persons were in disguised unemployment , which was 9,000 more than in the corresponding period of 2014.

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

  Year/Quarter Change
2014/II 2015/II 2014/II - 2015/II
1000 persons Per cent (%)
Active population total 2 755 2 757 0,1
Employed persons total 2 490 2 463 –1,1
Unemployed total 265 295 11,2
– men 146 159 8,6
– women 119 136 14,3
Inactive population 1 339 1 342 0,2
– Persons in disguised unemployment 128 137 6,7
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 2015, there were altogether 369,000 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 32,000 higher than in June 2014.

The number of unemployed job seekers increased in June from the corresponding period in 2014 in the areas of all Employment and Economic Development Centres: most in Uusimaa (14%), North Savo (12%), North Karelia (11%), South Ostrobothnia (10%), and Ostrobothnia (10%). At the end of June, the number of temporarily laid off persons registered at the employment and economic development offices was 23,000, which was 1,000 more than twelve months earlier.

The number of persons engaged in services included in the activation rate totalled 109,000 at the end of June, which was 4,000 fewer than in June of the year before. Altogether, 3.9 per cent of the labour force was covered by labour market policy services.

There were 56,000 unemployed job seekers aged under 25 registered at the employment and economic development offices. Their number was 6,000 higher than in last year's June. During this June, 34,000 new vacancies were reported to the employment and economic development offices, which was 2,000 more than in June 2014.

Changes 2014/06 - 2015/06 according to the Employment Service Statistics of the Ministry of Employment and the Economy

  Year/Month Change
2014/06 2015/06 2014/06 – 2015/06
1000 persons Per cent, %
Unemployed job seekers 1) 337 369 9,4
– unemployed over a year 90 110 21,9
Services, total 113 109 –3,5
– employed 40 31 –21,1
– in labour market training, in training 24 20 –13,9
– engaged in work/training trials 10 11 6,3
– as a job alternation substitute, in rehabilitative work, self-motivated studies supported by unemployment benefit 39 46 18,3
New vacancies at employment and economic development offices 32 34 7,4
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.

Links: Law reform 1 January 2013
Change in the lay-off procedure 1 July 2013

Contact information for the Ministry of Employment and the Economy:
Petri Syvänen tel. +358 29 504 8050, 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 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 vacancy survey

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 2015, June. Statistics Finland

Inquiries: Pertti Taskinen 029 551 2690, Joanna Viinikka 029 551 3796, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala

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Tables

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Appendix tables

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Quality descriptions

Updated 21.07.2015

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. June 2015. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/tyti/2015/06/tyti_2015_06_2015-07-21_tie_001_en.html