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PRESS RELEASE |
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21 June 2022 |
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235,400 unemployed
jobseekers in May
The
number of unemployed jobseekers decreased by 65,800. The number of new
vacancies reported in May totalled 111,700. In all, the number of unfilled
vacancies amounted to 221,600, which is 66,800 more than a year ago.
At the end of May, a total of 235,400
unemployed jobseekers were registered at the Employment and Economic
Development Offices and municipalities participating in the local government
pilots on employment. This is 65,800 fewer than a year earlier and 3,400 fewer
than in the previous month.
Of the unemployed jobseekers, 131,000, or
23,500 fewer than in May a year ago, were customers of municipalities
participating in the local government pilots on employment. The number of
unemployed jobseekers also includes those fully laid off. These figures are
from the Employment Bulletin of the Ministry of Economic Affairs and
Employment.
At the end of May, the number of people laid
off was 18,100 in the whole country, which was 37,900 fewer than at the same
time the year before. The number of people fully laid off totalled 12,000,
representing a decrease of 29,200 from May the year before. The number of
people fully laid off decreased by 4,600 from April.
95,300
unemployed in the long term
The number of long-term unemployed — i.e.
those who had been unemployed without interruption for at least a year —
amounted to 95,300, down 15,600 on the previous year. The number of unemployed
jobseekers aged over 50 was 91,400, or 19,100 fewer than at the same time a
year earlier.
Unemployed jobseekers under 25 years of age
numbered 24,900, representing a decrease of 11,200 from May last year. Of the
unemployment periods of youths, 61.4 per cent ended before reaching three
months between January and May. This is 5.0 percentage points more than the
year before.
Increase
in new vacancies
The number of new vacancies reported during
May totalled 111,700, or 30,800 more than in May the previous year. In all, the
number of unfilled vacancies in May amounted to 221,600, which is 66,800 more
than a year ago.
At the end of May, the number of persons
covered by services included in the activation rate amounted to 112,600, down
800 on the previous year. These services include pay subsidies,
labour market training, rehabilitative work and self-motivated
studies.
Statistics Finland: The trend of the unemployment
rate 6.1%
According to the Labour Force Survey
issued by Statistics Finland, in May the number of people in employment was
61,000 more than on the previous year. The trend of the employment rate was
73.9%, which was 2.0 percentage points higher than in May the year before.
According to the Survey, the unemployment total was 227,000, which is 68,000
less than a year ago. The trend of the unemployment rate was 6.1%, or 1.8
percentage points lower than the previous year.
Key differences between Employment Service Statistics
and the Labour Force Survey
This information is based on the Ministry of
Economic Affairs and Employment’s Employment Service Statistics and the Labour
Force Survey of Statistics Finland. The Employment Service Statistics of the
Ministry are compiled on the basis of the information in the Employment and
Economic Development Offices’ customer register, while the Labour Force
Survey of Statistics Finland is based on sampling.
In the employment service statistics of the
Ministry of Economic Affairs and Employment persons that are not in employment
relationship or employed in business are listed as unemployed. Persons fully
laid-off but not full-time students are also categorised as unemployed in the
Employment Service Statistics. The Labour Force Survey of Statistics Finland
has a stricter definition of being unemployed: a person is unemployed if he or
she has actively sought employment during the preceding four weeks and is
available for work over the coming two weeks. The figures of the Labour Force
Survey of Statistics Finland are internationally comparable and thus they are
the official Finnish unemployment statistics.
Further information on the
differences between the statistics: https://www.stat.fi/en/statistics/documentation/tyti
Inquiries:
Petri
Syvänen, Ministerial adviser, Ministry of Economic Affairs and Employment, tel.
+358 29 504 8050.
Links:
Employment Bulletin of the Ministry
of Economic Affairs and Employment: https://www.temtyollisyyskatsaus.fi/graph/tkat/tkat.aspx?lang=en
Key definitions of the Employment
Service Statistics
https://tem.fi/en/release-dates-of-statistics-and-description-and-quality-description
More detailed information on the
Employment Service Statistics is available in the StatFin database: https://statfin.stat.fi/PxWeb/pxweb/en/StatFin/
Statistics Finland’s Labour Force
Survey: https://www.stat.fi/en/statistics/tyti