Finland's unemployment rate dropped to 6.0 percent in October of 2021 from 7.4 percent in the same month the previous year. The number of unemployed declined by 37 thousand to 164 thousand, while the number of employed increased 64 thousand to 2.570 million. The unemployment rate for people aged 15 to 24 stood at 12.4 percent in September, which was 5.5 percentage points lower than a year earlier. The activity rate was up to 66.3 percent in October from 65.5 percent a year earlier, and the employment rate rose to 72.3 percent from 70.9 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 November of 2021.
Unemployment Rate in Finland is expected to be 7.30 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.