Home > Statistics > Labour force survey > 2007 > August > Employment grew and unemployment fell in August 2007

Published: 18 September 2007

Employment grew and unemployment fell in August 2007

According to the Labour Force Survey of Statistics Finland, the number of employed persons in August was 2 558 000, or 52 000 higher than a year earlier. Employment increased in the private sector and decreased in the public sector. The share of wage and salary earners in continuous full-time employment was 74,1 per cent, whereas one year before it was 73,4 per cent. The number of employed persons went up in the provinces of Western Finland and Oulu.

In August, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 71,5 per cent, which was 1,0 percentage points higher than one year before. The employment rate of men was 74,1 per cent and that of women 69,0 per cent. The seasonally adjusted trend of the employment rate was 70,2 per cent.

According to the Labour Force Survey, there were 162 000 unemployed in August 2007, i.e. 23 000 fewer than in August of the year before. At 5,9 per cent, the unemployment rate was 0,9 percentage points lower than one year before. The seasonally adjusted trend of the unemployment rate was 6,9 per cent in August.

According to the Labour Force Survey, the average number of employed persons in the January to August 2007 period was 2 497 000, which is 51 000 more than over the corresponding period in the year before. The average number of unemployed persons was 194 000, or 24 000 fewer than in the January to August period of 2006.

Changes in the labour force 2007/08 – 2006/08, thousand persons

	2007/08	2006/08	Change, % 2007/08 - 2006/08
Employed, total	2 558	2 506	2,1
Unemployed	162	185	-12,5
Labour force, total	2 719	2 691	1,1
Economically inactive, total	1 264	1 274	-0,8
			Percentage points
Employment rate, %	71,5	70,5	1,0
Unemployment rate, %	5,9	6,9	-0,9
Labour force participation rate, %	68,3	67,9	0,4
Unrounded figures are used in the Change column. The data are collected according to the ILO/EU definition.

Links: Press release connected to this statistical release (inclusive of data of the Ministry of Labour):
http://tilastokeskus.fi/ajk/tiedotteet/v2007/tiedote_023_2007-09-18_en.html

Source: Labour force survey 2007, August. Statistics Finland

Inquiries: Pekka Tossavainen (09) 1734 3517, Veli Rajaniemi (09) 1734 3434, Juha Martikainen (09) 1734 3225, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala

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Appendix tables

• 1.1 Key indicators in the Labour Force Survey by sex 2007/08 - 2006/08 (18.9.2007)
• 1.2 Population aged 15-74 by labour force status and sex 2007/08 - 2006/08 (18.9.2007)
• 1.3 Population aged 15-74 by sex and age 2007/08 - 2006/08 (18.9.2007)
• 2.1 Labour force participation rate by sex and age 2007/08 - 2006/08 (18.9.2007)
• 2.2 Labour force by sex and age 2007/08 - 2006/08 (18.9.2007)
• 3.1 Employment rate by sex and age 2007/08 - 2006/08 (18.9.2007)
• 3.2 Employed persons by sex and age 2007/08 - 2006/08 (18.9.2007)
• 3.3 Employed persons by status in employment 2007/08 - 2006/08 (18.9.2007)
• 3.4 Employed persons by employer sector 2007/08 - 2006/08 (18.9.2007)
• 3.5 Employed persons by province 2007/08 - 2006/08 (18.9.2007)
• 3.6 Proportion of part-time employed persons in all employed persons by sex 2007/08 - 2006/08 (18.9.2007)
• 3.7 Part-time employed persons by sex 2007/08 - 2006/08 (18.9.2007)
• 3.8 Employees by type of employment relationship (%) 2007/08 - 2006/08 (18.9.2007)
• 3.9 Employees by type of employment relationship 2007/08 - 2006/08 (18.9.2007)
• 4.1 Unemployment rate by sex and age 2007/08 - 2006/08 (18.9.2007)
• 4.2 Unemployed persons by sex and age 2007/08 - 2006/08 (18.9.2007)
• 4.3 Unemployment rate by province 2007/08 - 2006/08 (18.9.2007)
• 5.1 Persons not in labour force by main activity and sex 2007/08 - 2006/08 (18.9.2007)
• 5.2 Seasonally adjusted trends 2007/08 (18.9.2007)

Figures

• 1.1 Employed persons, trend and original series (18.9.2007)
• 1.2 Employment rate, trend and original series (18.9.2007)
• 2.1 Unemployed persons, trend and original series (18.9.2007)
• 2.2 Unemployment rate, trend and original series (18.9.2007)

Quality descriptions

• Quality Description: Labour force survey (18.9.2007)

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Updated 18.9.2007