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Published: 19 June 2007

Employment grew and unemployment fell in May 2007

According to the Labour Force Survey of Statistics Finland, the number of employed persons in May was 2,499,000, i.e. 60,000 higher than one year previously. The employment rate stood at 70.2 per cent, while it was 68.7 per cent in May 2006.

There were 232,000 unemployed in May, i.e. 43,000 less than in the previous year. The rate of unemployment was 8.5 per cent, while it was 10,1 per cent one year before.

Changes in the labour force 2007/05 – 2006/05, thousand persons

  May
2007
May
2006
Change, %
2007/05 – 2006/051)
Employed total 2 499 2 439 2,5
Employment rate, % 70,2 68,7 1,53)
Unemployed2) 232 275 -15,7
Unemployment rate, % 8,5 10,1 -1,63)
Labour force, total 2 730 2 714 0,6
Labour force participation rate, % 68,6 68,5 0,13)
Economically inactive, total 1 248 1 247 0,1

1) Unrounded figures are used in the Change column

2) Based on the recommendations of the International Labour Organisation (ILO)

3) percentage points

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Source: Labour force survey 2007, May. Statistics Finland

Inquiries: Pekka Tossavainen (09) 1734 3517, Juha Martikainen (09) 1734 3225, Heidi Melasniemi-Uutela (09) 1734 2523, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala


Updated 19.6.2007

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. May 2007. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/tyti/2007/05/tyti_2007_05_2007-06-19_tie_001_en.html