Finland's unemployment rate declined to 7.9 percent in May of 2022 from 10.3 percent in the same month the previous year. The number of unemployed decreased by 68 thousand to 227 thousand, while the number of employed increased 61 thousand to 2.641 million. The unemployment rate for people aged 15 to 24 stood at 22.6 percent in May, which was 8.7 percentage points lower than a year earlier. The activity rate edged down to 69.6 percent in May from 69.7 percent a year earlier, and the employment rate rose to 74.7 percent from 73.0 percent. source: Statistics Finland

Unemployment Rate in Finland averaged 6.44 percent from 1959 until 2022, 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 July of 2022.

Unemployment Rate in Finland is expected to be 7.80 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 2023, according to our econometric models.

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Finland Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-24 05:00 AM Apr 6.9% 7.0% 6.9%
2022-06-21 05:00 AM May 7.9% 6.9% 6.7%
2022-07-27 05:00 AM Jun 7.9%


Related Last Previous Unit Reference
Unemployment Rate 7.90 6.90 percent May 2022
Employed Persons 2641.00 2589.00 Thousand May 2022
Unemployed Persons 227.00 193.00 Thousand May 2022
Labor Force Participation Rate 69.60 67.50 percent May 2022
Youth Unemployment Rate 16.90 16.20 percent Apr 2022
Wages 3692.00 3677.00 EUR/Month Sep 2021
Wages in Manufacturing 109.60 108.10 points Mar 2022
Population 5.53 5.52 Million Dec 2020
Employment Rate 74.70 72.70 percent May 2022
Wage Growth 5.20 5.90 percent Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
7.90 6.90 19.90 0.70 1959 - 2022 percent Monthly
NSA

News Stream
Finnish Jobless Rate Falls to 7.9% in May
Finland's unemployment rate declined to 7.9 percent in May of 2022 from 10.3 percent in the same month the previous year. The number of unemployed decreased by 68 thousand to 227 thousand, while the number of employed increased 61 thousand to 2.641 million. The unemployment rate for people aged 15 to 24 stood at 22.6 percent in May, which was 8.7 percentage points lower than a year earlier. The activity rate edged down to 69.6 percent in May from 69.7 percent a year earlier, and the employment rate rose to 74.7 percent from 73.0 percent.
2022-06-21
Finnish Jobless Rate Falls to 6.9% in April
Finland's unemployment rate declined to 6.9 percent in April of 2022 from 9.6 percent in the same month the previous year. The number of unemployed declined by 69 thousand to 193 thousand, while the number of employed increased 114 thousand to 2.589 million. The unemployment rate for people aged 15 to 24 stood at 16.9 percent in April, which was 10.8 percentage points lower than a year earlier. The activity rate went up to 67.5 percent in April from 66.4 percent a year earlier, and the employment rate rose to 72.7 percent from 70.1 percent.
2022-05-24
Finnish Jobless Rate Falls to 7% in March
Finland's unemployment rate fell to 7.0 percent in March of 2022 from 8.2 percent in the same month the previous year, as the number of unemployed declined by 31 thousand to 192 thousand, while the number of employed increased 77 thousand to 2.573 million. The employment rate rose to 72.5 percent from 70.7 percent.
2022-05-04