Labour Costs in Finland increased to 102.28 points in the second quarter of 2020 from 102.12 points in the first quarter of 2020.

Labour Costs in Finland averaged 74.24 points from 1975 until 2020, reaching an all time high of 102.28 points in the second quarter of 2020 and a record low of 28.40 points in the first quarter of 1975. This page provides - Finland Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Labour Costs - values, historical data and charts - was last updated on October of 2020. source: European Central Bank

Labour Costs in Finland is expected to be 100.07 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Finland to stand at 104.47 in 12 months time. In the long-term, the Finland Labour Costs is projected to trend around 103.52 points in 2021 and 106.62 points in 2022, according to our econometric models.

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Finland Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
102.28 102.12 102.28 28.40 1975 - 2020 points Quarterly
2010=100, SA

Finland Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.70 7.70 19.90 0.70 percent [+]
Employed Persons 2533.00 2577.00 2688.00 1942.00 Thousand [+]
Unemployed Persons 211.00 216.00 512.00 15.00 Thousand [+]
Labor Force Participation Rate 66.30 67.50 73.80 62.00 percent [+]
Long Term Unemployment Rate 1.00 1.30 5.50 1.00 percent [+]
Youth Unemployment Rate 16.00 20.90 51.90 3.20 percent [+]
Labour Costs 102.28 102.12 102.28 28.40 points [+]
Job Vacancies 47536.00 39834.00 96096.00 2624.00 [+]
Wages 3553.00 3546.00 3553.00 2009.00 EUR/Month [+]
Wages in Manufacturing 104.90 103.90 104.90 40.60 points [+]
Population 5.53 5.52 5.53 4.41 Million [+]
Retirement Age Women 63.00 63.00 63.00 63.00 [+]
Retirement Age Men 63.00 63.00 63.00 63.00 [+]
Wage Growth -4.40 2.60 8.50 -4.40 percent [+]
Part Time Employment 336.50 389.20 402.40 225.90 Thousand [+]
Productivity 102.10 103.00 105.10 62.10 points [+]
Full Time Employment 2104.10 2060.80 2243.80 1868.00 Thousand [+]
Employment Change -2.10 -0.20 1.80 -2.60 percent [+]
Employment Rate 71.50 73.20 79.60 56.80 percent [+]