Finland Living Wage Individual  Forecast


Finland Living Wage Individual
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Living Wage Individual in Finland is expected to be 1135.43 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Living Wage Individual is projected to trend around 1139.32 EUR/Month in 2020, according to our econometric models.


Finland Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7.3 7.8 9.9 9 7.2 7.1
Employed Persons 2492 2453 2431 2417 2406 2373
Unemployed Persons 197 213 214 213 213 210
Labor Force Participation Rate 65 65.66 66.3 66.32 66.24 66.24
Long Term Unemployment Rate 2.1 2.1 2.12 2.12 2.14 2.22
Youth Unemployment Rate 20.4 20.23 20.03 19.87 19.76 19.73
Labour Costs 108 108 108 108 107 106
Job Vacancies 38929 32342 29749 26957 25311 21857
Wages 3391 3402 3402 3402 3400 3370
Wages in Manufacturing 100 100 101 101 101 104
Population 5.5 5.5 5.52 5.52 5.52 5.56
Retirement Age Women 65 65 65 65 65 64
Retirement Age Men 65 65 65 65 65 64
Part Time Employment 362 359 367 363 353 355
Wages High Skilled 3660 4079 4067 4061 4056 4074
Wages Low Skilled 1760 1927 1929 1930 1931 1928
Productivity 109 104 99.97 104 107 104
Living Wage Family 1740 1733 1741 1746 1750 1748
Living Wage Individual 1170 1135 1134 1134 1133 1139
Employment Change 0.2 0.13 0.13 0.11 0.09 0.02
Employment Rate 70 70.19 69.51 69.16 68.86 67.86
Full Time Employment 2060 1992 1978 2056 2068 1996