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Published: 23 August 2011

Unemployment rate 6.9 per cent in July

According to Statistics Finland’s Labour Force Survey, the number of unemployed persons in July was 192,000, which was 14,000 lower than one year ago. At 6.9 per cent, the unemployment rate was 0.6 percentage points lower than one year earlier. There were 29,000 more employed persons than in July of the previous year.

Unemployment rate and trend of unemployment rate 1989/01 – 2011/07

Unemployment rate and trend of unemployment rate 1989/01 – 2011/07

In July 2011, the number of employed persons was 2,578,000, which was 29,000 higher than a year earlier. This change fits within the margin of error for the number of employed persons (±30,000). There were around 6,000 more employed men and 23,000 more employed women than in July 2010.

In July, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 71.8 per cent, which was 1.2 percentage points higher than one year previously. Adjusted for seasonal and random variation, the trend of the employment rate was 68.9 per cent.

According to the Labour Force Survey, there were 192,000 unemployed in July 2011, i.e. 14,000 fewer than in July of the year before. This change fits within the margin of error for the number of unemployed persons (±16,000). The number of unemployed men was 104,000 and that of women 88,000.

At 6.9 per cent, the unemployment rate was 0.6 percentage points lower in July than one year earlier. Men’s unemployment rate was 7.2 per cent and women’s 6.6 per cent. The trend of the unemployment rate was 7.8 per cent. This July, the unemployment rate among young people aged 15 to 24 was 13.7 per cent, which was 1.1 percentage points higher than in July of the previous year. The trend of the unemployment rate among young people was 20.1 per cent.

Changes in employment 2010/07 – 2011/07 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Month Change
2010/07 2011/07 2010/07 - 2011/07
1000 persons Per cent, %
Population total 4 044 4 059 0,4
Active population total 2 756 2 770 0,5
Employed 2 549 2 578 1,1
– employees 2 220 2 252 1,5
– self-employed persons and unpaid family workers 330 326 –1,2
Unemployed 206 192 –7,0
Inactive population 1 289 1 289 0,0
  Per cent, % Percentage points
Employment rate, persons aged 15–64 70,6 71,8 1,2
Unemployment rate 7,5 6,9 –0,6
Activity rate 68,1 68,2 0,1
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 July 2011, there were altogether 266,000 persons registered in accordance with the Employment Office Regulations as job seekers at the employment and economic development offices. The number of unemployed job seekers was 22,000 lower than in July 2010.

Unemployment decreased from the previous year in the areas of all Employment and Economic Development Centres (ELY). The number of unemployed job seekers decreased most in South Ostrobothnia (–13%), Ostrobothnia (–12%), Häme (–11%) and Pirkanmaa (–11%). At the end of July, the number of temporarily laid off persons registered at the employment and economic development offices was 12,000, which was 5,000 lower than twelve months earlier.

At the end of July, the number of persons covered by labour market policy measures totalled 91,000, which was 7,000 higher than in July of the previous year. Altogether 3.3 per cent of the labour force was covered by labour market policy measures.

There were 37,000 unemployed job seekers aged under 25 registered at the employment and economic development offices. Their number was 5,000 lower than in last year's July. During this July, 32,000 new vacancies were reported to the employment and economic development offices, which is 4,000 more than in July 2010.

Changes 2010/07– 2011/07 according to the Employment Service Statistics of the Ministry of Employment and the Economy

  Year/Month Change
2010/07 2011/07 2010/07 - 2011/07
1000 persons Per cent, %
Unemployed job seekers 288 266 –7,6
– unemployed over a year 57 58 3,3
Total measures 84 91 8,6
– employed with subsidised measures 34 34 0,9
– in labour market training 24 21 –11,3
– in trainee and job alternation places 16 16 0,8
– in rehabilitative work, self-motivated studies (supported by unemployment benefit) 10 20 92,1
New vacancies at employment and economic development offices 28 32 14,4
Unrounded figures are used in the Change column.

Contact information for the Ministry of Employment and the Economy:
Mr Petri Syvänen, tel. +358 10 604 8050, http://www.tem.fi/employmentbulletin

Links

Labour Force Survey 2010, Employment and unemployment in 2010

Labour Force Survey 2010, Employment relationships and working hours in 2010

Differences between the Labour Force Survey and the Employment Service Statistics are explained in the quality description of the Labour Force Survey

About seasonally adjusted trend

Latest seasonally adjusted employment figures published by the EU  can be found on Eurostat's home page http://epp.eurostat.ec.europa.eu

Job vacancy survey


Source: Labour force survey 2011, July. Statistics Finland

Inquiries: Kalle Sinivuori (09) 1734 3524, Ari Väisänen (09) 1734 2290, Veli Rajaniemi (09) 1734 3434, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala

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Updated 23.8.2011

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. July 2011. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/tyti/2011/07/tyti_2011_07_2011-08-23_tie_001_en.html