A more recent publication of this set of statistics is available.

Latest publication: Labour force survey 2018, December

Published: 22 July 2014

Unemployment rate 9.2 per cent in June

According to Statistics Finland’s Labour Force Survey, the number of unemployed persons in June 2014 was 258,000, which was 42,000 higher than one year ago. The unemployment rate was 9.2 per cent, having been 7.8 per cent in June of the year before. There were 18,000 fewer employed persons than in June of the previous year. The unemployment rate in the second quarter (April to June) of 2014 was 9.6 per cent, which was 0.5 percentage points higher than in the respective period of 2013.

Unemployment rate and trend of unemployment rate 2004/06 – 2014/06

Unemployment rate and trend of unemployment rate 2004/06 – 2014/06

In June 2014, the number of employed persons was 2,561,000, which was 18,000 lower than a year earlier (margin of error ±32,000). The number of employed persons decreased both in the private and the public sector compared with June 2013.

In June 2014, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 71.7 per cent, having been 72.1 per cent one year earlier. Men’s employment rate was 73.1 per cent and women’s 70.3 per cent. Adjusted for seasonal and random variation, the trend of the employment rate was 68.4 per cent.

According to Statistics Finland's Labour Force Survey, there were 258,000 unemployed in June 2014, i.e. 42,000 more than one year earlier (margin of error ±20,000). The number of unemployed men was 129,000 and that of women 129,000.

At 9.2 per cent, the unemployment rate was 1.4 percentage points higher in June than one year earlier. Men’s unemployment rate was 8.9 per cent and women’s 9.5 per cent. The trend of the unemployment rate was 8.6 per cent.

In June, there were a total of 652,000 young people aged 15 to 24 . Of them, 354,000 were employed and 92,000 unemployed. Thus, the labour force of young people (employed and unemployed) totalled 446,000. In June, the unemployment rate for young people aged 15 to 24, that is, the proportion of the unemployed among the labour force, stood at 20.6 per cent, which was 1.1 percentage points higher than one year previously. The trend of the unemployment rate among young people was 19.7 per cent. The share of unemployed young people aged 15 to 24 among the population in the same age group was 14.1 per cent.

There were 1,275,000 persons in the inactive population in June 2014, which was 15,000 fewer than in June 2013. Of the inactive population, 148,000 persons were in disguised unemployment .

Changes in employment 2013/06 – 2014/06 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Month Change
2013/06 2014/06 2013/06 - 2014/06
1000 persons Per cent, %
Population total 4 086 4 095 0,2
Active population total 2 795 2 819 0,9
Employed 2 578 2 561 –0,7
– employees 2 262 2 218 –1,9
– self-employed persons and unpaid family workers 316 343 8,3
Unemployed 217 258 19,2
Inactive population 1 291 1 275 –1,2
– Persons in disguised unemployment 135 148 10,1
  Per cent, % Percentage points
Employment rate, persons aged 15 to 64 72,1 71,7 –0,4
Unemployment rate 7,8 9,2 1,4
Activity rate 68,4 68,8 0,4
Unrounded figures are used in the Change column.
The data comply with the ILO/EU definition.

Labour Force Survey data for the second quarter of 2014

In the second quarter of 2014, the average number of employed persons was 2,490,000, or 17,000 fewer than in the corresponding quarter of 2013. The number of employed persons increased most in the industry of education (P) and decreased in manufacturing (C).

The number of hours worked by employed persons was 2.9 per cent lower in the second quarter of 2014 than twelve months previously.

The average number of unemployed persons in the second quarter of 2014 was 265,000, which was 13,000 more than in the April to June period of 2013. The unemployment rate in the second quarter of 2014 was 9.6 per cent, which was 0.5 percentage points higher than in the respective period of 2013.

In the second quarter of 2014, the number of persons in the inactive population was 1,339,000, which was 12,000 higher than a year earlier. Of the inactive population, 128,000 persons were in disguised unemployment , which was 8,000 more than in the corresponding period of 2013.

Changes in employment 2013/II – 2014/II according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Quarter Change
2013/II 2014/II 2013/II - 2014/II
1000 persons Per cent (%)
Active population total 2 758 2 755 –0,1
Employed persons total 2 506 2 490 –0,7
Unemployed total 252 265 5,3
– men 144 146 1,7
– women 108 119 10,1
Inactive population 1 327 1 339 0,9
– Persons in disguised unemployment 121 128 6,5
Unrounded figures are used in the Change column.
The data comply with the ILO/EU definition.

Employment Service Statistics of the Ministry of Employment and the Economy

At the end of June 2014, there were altogether 337,000 persons registered in accordance with the Employment Office Regulations as job seekers at the employment and economic development offices . The number of unemployed job seekers was 35,000 higher than in June 2013.

Unemployment increased from the previous year's June in the areas of all other Employment and Economic Development Centres except in North Karelia (-1%): most in Uusimaa (18%) and Central Finland (14%). At the end of June, the number of temporarily laid off persons registered at the employment and economic development offices was 22,000, which was 6,000 more than twelve months earlier.

The number of persons engaged in services included in the activation stage totalled 113,000 at the end of June, which was 13,000 more than in June of the year before. Altogether, 4.0 per cent of the labour force was covered by labour market policy services.

There were 50,000 unemployed job seekers aged under 25 registered at the employment and economic development offices. Their number was 5,000 higher than in last year's June. During this June, 32,000 new vacancies were reported to the employment and economic development offices, which was 2,000 more than in June 2013.

Changes 2013/06 – 2014/06 according to the Employment Service Statistics of the Ministry of Employment and the Economy

  Year/Month Change
2013/06 2014/06 2013/06 - 2014/06
1000 persons Per cent, %
Unemployed job seekers 1) 302 337 11,8
– unemployed over a year 73 90 24,3
Services, total 99 113 13,1
– employed 33 40 22,6
– in labour market training, in training 23 24 1,3
– in trainee places, engaged in work/training trials 10 10 1,9
– as a job alternation substitute, in rehabilitative work, self-motivated studies supported by unemployment benefit 34 39 15,6
New vacancies at employment and economic development offices 30 32 5,5
Unrounded figures are used in the Change column.
1) The law reform that entered into force at the beginning of 2013 and the change in the lay-off procedure on 1 July increase the number of unemployed job seekers somewhat.

Links: Law reform 1 January 2013
Change in the lay-off procedure 1 July 2013

Contact information for the Ministry of Employment and the Economy:
Petri Syvänen tel. +358 29 504 8050, http://www.tem.fi/employmentbulletin

Links

Labour Force Survey tables in databases

About seasonally adjusted trend

The accuracy of figures and the margins of error are explained in the quality description of the Labour Force Survey

Comparison between the statistics of Statistics Finland and the Ministry of Employment and the Economy

Latest seasonally adjusted employment figures published by the EU can be found on Eurostat's home page http://epp.eurostat.ec.europa.eu

Job vacancy survey


Source: Labour force survey 2014, June. Statistics Finland

Inquiries: Joanna Viinikka 029 551 3796, Mirja Tiisanoja 029 551 3226, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala

Publication in pdf-format (647.4 kB)

Tables

Tables in databases

Appendix tables

Figures
Quality descriptions

Updated 22.7.2014

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. June 2014. Helsinki: Statistics Finland [referred: 22.2.2019].
Access method: http://www.stat.fi/til/tyti/2014/06/tyti_2014_06_2014-07-22_tie_001_en.html