Labor Force Participation Rate in Finland decreased to 66.20 percent in October from 66.40 percent in September of 2020. source: Statistics Finland

Labor Force Participation Rate in Finland averaged 66.26 percent from 1988 until 2020, reaching an all time high of 73.80 percent in June of 1990 and a record low of 62 percent in January of 1997. This page provides - Finland Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Labor Force Participation Rate - values, historical data and charts - was last updated on December of 2020.

Labor Force Participation Rate in Finland is expected to be 66.09 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Finland to stand at 66.01 in 12 months time. In the long-term, the Finland Labor Force Participation Rate is projected to trend around 66.02 percent in 2021, according to our econometric models.

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Finland Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
66.20 66.40 73.80 62.00 1988 - 2020 percent Monthly

Finland Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 7.60 19.90 0.70 percent [+]
Employed Persons 2530.00 2539.00 2688.00 1942.00 Thousand [+]
Unemployed Persons 203.00 208.00 512.00 15.00 Thousand [+]
Labor Force Participation Rate 66.20 66.40 73.80 62.00 percent [+]
Long Term Unemployment Rate 1.10 1.00 5.50 1.00 percent [+]
Youth Unemployment Rate 14.30 18.00 51.90 3.20 percent [+]
Labour Costs 102.28 102.12 102.28 28.40 points [+]
Job Vacancies 44699.00 47930.00 96096.00 2624.00 [+]
Wages 3605.00 3587.00 3605.00 2009.00 EUR/Month [+]
Wages in Manufacturing 105.10 104.90 105.10 40.60 points [+]
Population 5.53 5.52 5.53 4.41 Million [+]
Retirement Age Women 63.75 63.50 63.75 63.00 [+]
Retirement Age Men 63.75 63.50 63.75 63.00 [+]
Wage Growth -4.40 2.60 8.50 -4.40 percent [+]
Part Time Employment 336.50 389.20 402.40 225.90 Thousand [+]
Productivity 101.90 102.10 105.10 62.10 points [+]
Full Time Employment 2104.10 2060.80 2243.80 1868.00 Thousand [+]
Employment Change -2.30 -2.10 1.80 -2.60 percent [+]
Employment Rate 71.50 72.00 79.60 56.80 percent [+]


Finland Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.