Finland's unemployment rate declined to 6.5 percent in August of 2021 from 7.8 percent in the same month the previous year. This was the lowest jobless rate since last December 2019, as the number of unemployed fell by 33 thousand to 202 thousand, while the number of employed increased 104 thousand to 2.588 million. The unemployment rate for people aged 15 to 24 stood at 10.1 percent in August, which was 7.8 percentage points lower than a year earlier. The activity rate was up to 67.1 percent in July from 65.2 percent a year earlier, and the employment rate rose to 73.4 percent from 70.1 percent. source: Statistics Finland
Unemployment Rate in Finland averaged 6.44 percent from 1959 until 2021, reaching an all time high of 19.90 percent in May of 1994 and a record low of 0.70 percent in September of 1961. This page provides the latest reported value for - Finland Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Unemployment Rate in Finland is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Unemployment Rate is projected to trend around 7.20 percent in 2022, according to our econometric models.