Published: 18 March 2008
According to the Labour Force Survey of Statistics Finland, the number of employed persons in February was 2 465 000, or 45 000 higher than a year earlier. Adjusted for seasonal and random variation, the trend of the number of employed persons was 55 000 more than a year earlier. In the private employer sector the number of employed persons went up by 47 000. The number of wage and salary earners was 59 000 higher than one year previously. The number of employed persons went up in the Provinces of Southern and Western Finland.
In February, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 68,9 per cent, which was 0,8 percentage points higher than one year previously. The employment rate for men went up by 1,5 percentage points and was 70,5 per cent. The employment rate for women rose by 0,2 percentage points to 67,3 per cent. The trend of the employment rate was 70,6 per cent.
According to the Labour Force Survey, there were 168 000 unemployed in February 2008, i.e. 29 000 fewer than in February of the year before. At 6,4 per cent, the unemployment rate was 1,1 percentage points lower than one year before. The trend of the unemployment rate was 6,2 per cent in February.
The rate of unemployment was lowest in the Province of Southern Finland, where it stood at 5,7 per cent, and highest in the Province of Lapland, at 11,0 per cent. In February 2008, the unemployment rate among young people aged 15 to 24 was 16,5 per cent, which was three percentage points lower than in the previous year’s February. The trend of the unemployment rate among young people was 15,3 per cent.
Changes in the labour force 2008/02– 2007/02, thousand persons
2008/02 - 2007/02
|Employed||2 465||2 420||1,9|
|Labour force||2 633||2 617||0,6|
|Economically inactive||1 362||1 357||0,4|
|Employment rate, %||68,9||68,1||0,8|
|Unemployment rate, %||6,4||7,5||-1,1|
|Labour force participation rate, %||65,9||65,9||0,1|
|Unrounded figures are used in the Change
The data are collected according to the ILO/EU definition.
Labour Force Survey content and data collection have been revised
As of the beginning of 2008, revisions have been introduced in
the Labour Force Survey which broaden its data content. The
definitions of some concepts have also been reviewed. The
definitions of some concepts have also changed. The revisions are
based on EU regulations and their aim is to improve the
comparability of the Labour Force Surveys of different EU Member
Links: Press release connected to this statistical release
(inclusive of data of Ministry of Employment and the
Source: Labour force survey 2008, February. Statistics Finland
Inquiries: Juha Martikainen (09) 1734 3225, Pekka Tossavainen (09) 1734 3517, Veli Rajaniemi (09) 1734 3434, email@example.com
Director in charge: Riitta Harala
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