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PRESS RELEASE |
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23 November 2021 |
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259,000 unemployed
jobseekers in October
The
number of unemployed jobseekers decreased by 53,700. The number of new
vacancies reported in October totalled 91,600. In all, the number of unfilled
vacancies amounted to 169,700, which is 69,100 more than a year ago.
At the end of October, a total of 259,000
unemployed jobseekers were registered at the Employment and Economic
Development Offices and municipalities participating in the local government
pilots on employment. This is 53,700 less than a year earlier, but 34,300 more
than in October two years ago. The number of unemployed jobseekers was down by
6,300 from the previous month.
Of the unemployed jobseekers, 139,000 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 October, the number of people
laid off was 29,600 in the whole country, which was 45,300 fewer than at the
same time the year before. The number of people fully laid off totalled 19,800,
representing a decrease of 37,400 from October the year before. The number of
people fully laid off decreased by 1,300 from September.
108,000
unemployed in the long term
The number of long-term unemployed — that is
those who had been unemployed without interruption for at least a year —
amounted to 108,000, up 26,000 on the previous year. The number of unemployed
jobseekers aged over 50 was 100,700, or 13,600 fewer than at the same time a
year earlier.
The number of unemployed jobseekers aged
under 25 was 27,800, representing a decrease of 8,500 from October last year.
Of the unemployment periods of youths, 60.8 per cent ended before reaching
three months between January and October. This is 3.3 percentage points less
than a year before.
Increase
in new vacancies
The number of new vacancies reported during
October totalled 91,600, or 38,600 more than in October the previous year. In
all, the number of unfilled vacancies in October amounted to 169,700, which is
69,100 more than a year ago.
At the end of October, the number of persons
covered by services included in the activation rate amounted to 112,600, down
5,900 on the previous year. These services include pay subsidies,
labour market training, work trials and self-motivated studies.
Statistics Finland: The trend of the unemployment rate 7.1%
According to the Labour Force Survey issued by Statistics Finland, in
October the number of people in employment was 65,000 more than on the previous
year. The trend of the employment rate was 72.7%, which was 1.7 percentage
points higher than in October the year before. According to the Survey, the
unemployment total was 164,000, which is 37,000 less than a year ago. The trend
of the unemployment rate was 7.1%, or 1.1 percentage points lower than the
previous year.
Press release on
the revision of the Labour Force Survey: https://www.stat.fi/til/tyti/tyti_2020-12-22_uut_001_en.html
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 Ministry’s Employment Service
Statistics, people that are not in an 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 in the statistics https://tilastokeskus.fi/til/tyti/tyti_2019-09-13_men_001_en.html
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://pxnet2.stat.fi/PXWeb/pxweb/en/StatFin/StatFin__tym__tyonv/
Joint publication of the Statistics Finland and the Ministry of Economic
Affairs and Employment https://tilastokeskus.fi/til/tyti/tie_en.html