Labor Force Participation Rate in Finland increased to 70.30 percent in June from 69.20 percent in May of 2021. source: Statistics Finland

Labor Force Participation Rate in Finland averaged 66.26 percent from 1988 until 2021, reaching an all time high of 73.80 percent in June of 1990 and a record low of 62 percent in January of 1997. This page provides - Finland Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Labor Force Participation Rate - values, historical data and charts - was last updated on August of 2021.

Labor Force Participation Rate in Finland is expected to be 66.09 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Labor Force Participation Rate is projected to trend around 66.02 percent in 2022, according to our econometric models.

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Finland Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.30 69.20 73.80 62.00 1988 - 2021 percent Monthly

Finland Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.60 9.60 19.90 0.70 percent [+]
Employed Persons 2677.00 2580.00 2688.00 1942.00 Thousand [+]
Unemployed Persons 220.00 275.00 512.00 15.00 Thousand [+]
Labor Force Participation Rate 70.30 69.20 73.80 62.00 percent [+]
Long Term Unemployment Rate 1.70 1.40 5.50 1.00 percent [+]
Youth Unemployment Rate 16.00 28.10 51.90 3.20 percent [+]
Labour Costs 103.20 102.33 103.20 28.40 points [+]
Job Vacancies 64520.00 71207.00 96096.00 2624.00 [+]
Wages 3620.00 3605.00 3620.00 2009.00 EUR/Month [+]
Wages in Manufacturing 106.10 105.60 106.10 40.60 points [+]
Population 5.53 5.52 5.53 4.41 Million [+]
Retirement Age Women 63.75 63.50 63.75 63.00 [+]
Retirement Age Men 63.75 63.50 63.75 63.00 [+]
Wage Growth 0.20 -0.50 8.50 -4.00 percent [+]
Part Time Employment 402.50 383.60 402.50 225.90 Thousand [+]
Productivity 97.10 103.70 105.10 62.10 points [+]
Full Time Employment 1987.60 2054.40 2243.80 1868.00 Thousand [+]
Employment Change 0.40 0.60 1.70 -2.90 percent [+]
Employment Rate 75.80 73.00 79.60 56.80 percent [+]


Finland Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.