Youth Unemployment Rate in Finland decreased to 11.8 percent in November from 14.90 percent in October of 2019. Youth Unemployment Rate in Finland averaged 20.90 percent from 1989 until 2019, reaching an all time high of 51.90 percent in May of 1994 and a record low of 3.20 percent in July of 1989. source: Statistics Finland

Youth Unemployment Rate in Finland is expected to be 11.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Finland to stand at 11.80 in 12 months time. In the long-term, the Finland Youth Unemployment Rate is projected to trend around 11.80 percent in 2020, according to our econometric models.

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Finland Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.80 14.90 51.90 3.20 1989 - 2019 percent Monthly
NSA
Finland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.90 6.20 19.90 0.70 percent [+]
Employed Persons 2543.00 2557.00 2688.00 1942.00 Thousand [+]
Unemployed Persons 160.00 169.00 512.00 15.00 Thousand [+]
Labor Force Participation Rate 65.50 66.00 73.80 62.00 percent [+]
Long Term Unemployment Rate 1.10 1.20 5.50 1.10 percent [+]
Youth Unemployment Rate 11.80 14.90 51.90 3.20 percent [+]
Labour Costs 98.11 98.37 100.53 28.40 points [+]
Job Vacancies 51128.00 55470.00 96096.00 2624.00 [+]
Wages 3540.00 3533.00 3540.00 2009.00 EUR/Month [+]
Wages in Manufacturing 104.00 104.00 104.00 40.60 points [+]
Population 5.51 5.50 5.51 4.41 Million [+]
Retirement Age Women 63.00 63.00 63.00 63.00 [+]
Retirement Age Men 63.00 63.00 63.00 63.00 [+]
Productivity 110.00 105.40 110.00 59.40 points [+]
Wages Low Skilled 1980.00 2000.00 2000.00 1580.00 EUR/Month [+]
Wage Growth 3.70 3.90 8.50 -2.30 percent [+]
Wages High Skilled 4250.00 4230.00 4250.00 3650.00 EUR/Month [+]
Part Time Employment 385.90 402.40 402.40 225.90 Thousand [+]
Living Wage Family 1700.00 1780.00 1780.00 1650.00 EUR/Month [+]
Living Wage Individual 1160.00 1190.00 1190.00 1100.00 EUR/Month [+]
Employment Change -0.50 0.30 1.80 -2.60 percent [+]
Employment Rate 71.70 72.00 79.60 56.80 percent [+]
Full Time Employment 2126.20 2036.30 2243.80 1868.00 Thousand [+]