Finland's unemployment rate dropped to 6.0 percent in October of 2021 from 7.4 percent in the same month the previous year. The number of unemployed declined by 37 thousand to 164 thousand, while the number of employed increased 64 thousand to 2.570 million. The unemployment rate for people aged 15 to 24 stood at 12.4 percent in September, which was 5.5 percentage points lower than a year earlier. The activity rate was up to 66.3 percent in October from 65.5 percent a year earlier, and the employment rate rose to 72.3 percent from 70.9 percent. source: Statistics Finland

Unemployment Rate in Finland averaged 6.44 percent from 1959 until 2021, reaching an all time high of 19.90 percent in May of 1994 and a record low of 0.70 percent in September of 1961. This page provides the latest reported value for - Finland Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Unemployment Rate in Finland is expected to be 7.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Unemployment Rate is projected to trend around 7.20 percent in 2022, according to our econometric models.

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Finland Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-26 05:00 AM Sep 7.0% 6.5% 6.9%
2021-11-23 06:00 AM Oct 6.0% 7.0% 7.2%
2021-12-22 06:00 AM Nov 6.9%


Related Last Previous Unit Reference
Unemployment Rate 6.00 7.00 percent Oct/21
Employed Persons 2570.00 2527.00 Thousand Oct/21
Unemployed Persons 164.00 191.00 Thousand Oct/21
Labor Force Participation Rate 66.30 65.90 percent Oct/21
Youth Unemployment Rate 12.40 10.30 percent Oct/21
Wages 3692.00 3677.00 EUR/Month Sep/21
Wages in Manufacturing 107.60 107.20 points Sep/21
Population 5.53 5.52 Million Dec/20
Employment Rate 72.30 71.70 percent Oct/21
Wage Growth 8.20 0.20 percent Jun/21

News Stream
Finnish Jobless Rate Down to 6% in October
Finland's unemployment rate dropped to 6.0 percent in October of 2021 from 7.4 percent in the same month the previous year. The number of unemployed declined by 37 thousand to 164 thousand, while the number of employed increased 64 thousand to 2.570 million. The unemployment rate for people aged 15 to 24 stood at 12.4 percent in September, which was 5.5 percentage points lower than a year earlier. The activity rate was up to 66.3 percent in October from 65.5 percent a year earlier, and the employment rate rose to 72.3 percent from 70.9 percent.
2021-11-23
Finnish Jobless Rate Falls to 7% in September
Finland's unemployment rate decreased to 7.0 percent in September of 2021 from 7.5 percent in the same month the previous year. The number of unemployed dropped by 12 thousand to 191 thousand, while the number of employed increased 17 thousand to 2.577 million. The unemployment rate for people aged 15 to 24 stood at 10.3 percent in September, which was 3.9 percentage points lower than a year earlier. The activity rate was up to 65.9 percent in September from 65.6 percent a year earlier, and the employment rate rose to 71.7 percent from 71.3 percent.
2021-10-26
Finnish Jobless Rate Falls to 20-Month Low
Finland's unemployment rate declined to 6.5 percent in August of 2021 from 7.8 percent in the same month the previous year. This was the lowest jobless rate since last December 2019, as the number of unemployed fell by 33 thousand to 202 thousand, while the number of employed increased 104 thousand to 2.588 million. The unemployment rate for people aged 15 to 24 stood at 10.1 percent in August, which was 7.8 percentage points lower than a year earlier. The activity rate was up to 67.1 percent in July from 65.2 percent a year earlier, and the employment rate rose to 73.4 percent from 70.1 percent.
2021-09-21

Finland Unemployment Rate
In Finland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.