Finland Living Wage Individual - Forecast

Living Wage Individual in Finland is expected to be 1133.40 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 1139.63 EUR/Month in 2020, according to our econometric models.


Forecast Data Chart
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Finland Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 6.8 7.4 7 7.1 7.2 7.1
Employed Persons 2566 2506 2536 2538 2531 2533
Unemployed Persons 186 205 206 206 206 206
Labor Force Participation Rate 66.8 65.33 65.98 66.16 66.03 66.01
Long Term Unemployment Rate 2 1.89 1.89 1.86 1.86 1.8
Youth Unemployment Rate 17.4 17.15 16.96 16.82 16.69 16.03
Labour Costs 109 110 110 110 110 110
Job Vacancies 50523 52476 50476 51119 51467 51219
Wages 3456 3420 3422 3515 3526 3460
Wages in Manufacturing 102 102 103 104 104 107
Population 5.51 5.51 5.54 5.54 5.54 5.56
Retirement Age Women 63 63 63 63 63 63
Retirement Age Men 63 63 63 63 63 63
Part Time Employment 381 378 381 371 348 374
Wages Low Skilled 1760 1827 1827 1929 1929 1868
Wages High Skilled 3660 4000 4000 4065 4069 4074
Productivity 103 108 102 103 108 107
Living Wage Family 1740 1740 1748 1748 1747 1747
Living Wage Individual 1170 1133 1135 1137 1139 1140
Employment Change 0.6 0.57 0.52 0.49 0.45 0.23
Employment Rate 72.6 70.59 71.42 71.57 71.35 71.39
Full Time Employment 2018 2057 2040 2115 2135 2070