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

Published: 20 November 2007

Employment grew and unemployment fell in October 2007

According to the Labour Force Survey of Statistics Finland, the number of employed persons in October was 2 495 000, or 83 000 higher than a year earlier. Employment increased in both the private and the public sector. The share of wage and salary earners in continuous full-time employment was 75,7 per cent, whereas one year before it was 75,9 per cent. The number of employed persons went up in the Provinces of Southern and Western Finland.

In October, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 69,8 per cent, which was 1,.9 percentage points higher than one year before. The employment rate of men was 70,7 per cent and that of women 68,8 per cent. Adjusted for seasonal and random variation, the trend of the employment rate was 70,3 per cent.

According to the Labour Force Survey, there were 164 000 unemployed in October 2007, i.e. 23 000 fewer than in October of the year before. At 6,2 per cent, the unemployment rate was 1,0 percentage points lower than one year before. The trend of the unemployment rate was 7,0 per cent in October.

According to the Labour Force Survey, the average number of employed persons in the January to October 2007 period was 2 494 000, which is 52 000 more than over the corresponding period in the year before. The average number of unemployed persons was 188 000  or 23 000 fewer than in the January to October period of 2006.

Changes in the labour force 2007/10 – 2006/10, thousand persons

	2007/10	2006/10	Change, % 2007/10 - 2006/10
Employed, total	2 495	2 412	3,4
Unemployed	164	187	-12,4
Labour force, total	2 658	2 598	2,3
Economically inactive, total	1 329	1 370	-2,9
			Percentage points
Employment rate, %	69,8	67,8	1,9
Unemployment rate, %	6,2	7,2	-1,0
Labour force participation rate, %	66,7	65,5	1,2
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_026_2007-11-20_en.html

Source: Labour force survey 2007, October. Statistics Finland

Inquiries: Juha Martikainen (09) 1734 3225, Kalle Sinivuori (09) 1734 3524, Veli Rajaniemi (09) 1734 3434, 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 2007/10 - 2006/10 (20.11.2007)
• 1.2 Population aged 15-74 by labour force status and sex 2007/10 - 2006/10 (20.11.2007)
• 1.3 Population aged 15-74 by sex and age 2007/10 - 2006/10 (20.11.2007)
• 2.1 Labour force participation rate by sex and age 2007/10 - 2006/10 (20.11.2007)
• 2.2 Labour force by sex and age 2007/10 - 2006/10 (20.11.2007)
• 3.1 Employment rate by sex and age 2007/10 - 2006/10 (20.11.2007)
• 3.2 Employed persons by sex and age 2007/10 - 2006/10 (20.11.2007)
• 3.3 Employed persons by status in employment 2007/10 - 2006/10 (20.11.2007)
• 3.4 Employed persons by employer sector 2007/10 - 2006/10 (20.11.2007)
• 3.5 Employed persons by province 2007/10 - 2006/10 (20.11.2007)
• 3.6 Proportion of part-time employed persons in all employed persons by sex 2007/10 - 2006/10 (20.11.2007)
• 3.7 Part-time employed persons by sex 2007/10 - 2006/10 (20.11.2007)
• 4.1 Employees by type of employment relationship (%) 2007/10 - 2006/10 (20.11.2007)
• 4.2 Employees by type of employment relationship 2007/10 - 2006/10 (20.11.2007)
• 5.1 Unemployment rate by sex and age 2007/10 - 2006/10 (20.11.2007)
• 5.2 Unemployed persons by sex and age 2007/10 - 2006/10 (20.11.2007)
• 5.3 Unemployment rate by province 2007/10 - 2006/10 (20.11.2007)
• 6.1 Persons not in labour force by main activity and sex 2007/10 - 2006/10 (20.11.2007)
• 7.1 Seasonally adjusted trends 2007/10 (20.11.2007)

Figures

• 1.1 Employed persons, trend and original series (20.11.2007)
• 1.2 Employment rate, trend and original series (20.11.2007)
• 2.1 Unemployed persons, trend and original series (20.11.2007)
• 2.2 Unemployment rate, trend and original series (20.11.2007)

Quality descriptions

• Quality Description: Labour force survey (20.11.2007)

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Updated 20.11.2007