Long Term Unemployment Rate in Finland increased to 1.70 percent in the first quarter of 2021 from 1.40 percent in the fourth quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Finland averaged 2.11 percent from 1995 until 2021, reaching an all time high of 5.50 percent in the second quarter of 1995 and a record low of 1 percent in the first quarter of 2020. This page provides - Finland Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Long Term Unemployment Rate - values, historical data and charts - was last updated on July of 2021.

Long Term Unemployment Rate in Finland is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Finland to stand at 0.80 in 12 months time. In the long-term, the Finland Long Term Unemployment Rate is projected to trend around 0.80 percent in 2022 and 0.20 percent in 2023, according to our econometric models.

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Finland Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.40 5.50 1.00 1995 - 2021 percent Quarterly

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 69.20 66.00 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 71207.00 75284.00 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 73.00 70.10 79.60 56.80 percent [+]


Finland Long Term Unemployment Rate
In Finland, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.