Home > Statistics > Labour force survey > 2005 > October > Employment grew and unemployment fell in October 2005

Published: 22 November 2005

Employment grew and unemployment fell in October 2005

According to the Labour Force Survey of Statistics Finland, the number of employed persons was in October 2,404,000, i.e. 55,000 higher than one year previously. The employment rate stood at 67.9 per cent, while it was 66.6 per cent in October 2004. In the January to October period of 2005 the average number of employed persons was 2,402,000, which is 34,000 higher than in the corresponding period of the year before.

There were 185,000 unemployed in October, i.e. 18,000 fewer than in the previous year. The rate of unemployment was 7.2 per cent, while it was 8.0 per cent one year before.

Changes in the labour force 10/2004 - 10/2005, thousand persons

	October 2005	October 2004	Change, % 10/04 - 10/05
Employed total	2 404	2 349	2.3
Employment rate, %	67.9	66.6	1.3 2
Unemployed 1	185	203	-8.9
Unemployment rate, %	7.2	8.0	-0.8 2
Labour force, total	2 589	2 552	1.4
Labour force participation rate, %	65.5	64.8	0.7 2
Economically inactive, total	1 363	1 387	-1.7
Unrounded figures are used in the CHANGE column 1 Based on the recommendations of the International Labour Organisation (ILO)			2 percentage points

Source: Labour force survey 2005, October. Statistics Finland

Inquiries: Mr Pekka Tossavainen +358 9 1734 3517, Mr Kalle Sinivuori +358 9 1734 3524, tyovoimatutkimus@stat.fi

Director in charge: Mr Jussi Simpura

Links: Press release connected to this statistical release

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Last updated 22.11.2005