Employment rate 69.1% in Nov

25 Dec '07

3 min read

According to the Labour Force Survey of Statistics Finland, the number of employed persons in November was 2,472,000, or 28,000 higher than a year earlier. Employment increased only in the private sector.

The number of wage and salary earners went up and that of self-employed persons fell. The number of employed persons went up in the Provinces of Southern and Western Finland and fell in the Province of Eastern Finland.

In November, the employment rate, that is, the proportion of the employed among persons aged 15 to 64, stood at 69.1 per cent, which was 0.3 percentage points higher than one year before. The employment rate of men was 71.1 per cent and that of women 67.2 per cent. Adjusted for seasonal and random variation, the trend of the employment rate was 70.1 per cent

According to the Labour Force Survey, there were 161,000 unemployed in November 2007, i.e. 14,000 fewer than in November of the year before. At 6.1 per cent, the unemployment rate was 0.6 percentage points lower than one year before. The trend of the unemployment rate was 6.8 per cent in November.

The rate of unemployment was lowest in the Province of Southern Finland, where it stood at 4.6 per cent, and highest in the Province of Lapland, at 9.8 per cent. In November 2007, the unemployment rate among young people aged 15 to 24 was 14.1 per cent, which was 0.8 percentage points lower than in the previous year's November. The trend of the unemployment rate among young people was 16.8 per cent.

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