Finland's unemployment rate increased to 9.0 percent in April of 2021 from 8.0 percent in the same month the previous year. It was the highest jobless rate since May last year, as the number of unemployed increased by 30 thousand to 244 thousand while the number of employed advanced by 29 thousand to 2.475 million. The unemployment rate for people aged 15 to 24 stood at 25.7 percent, which was 0.7 percentage points higher than one year previously. The activity rate was up to 66.0 percent in April from 64.4 percent a year earlier, and the employment rate rose to 70.1 percent from 69.6 percent. source: Statistics Finland
Unemployment Rate in Finland averaged 6.43 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 June of 2021.
Unemployment Rate in Finland is expected to be 9.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Finland to stand at 8.70 in 12 months time. In the long-term, the Finland Unemployment Rate is projected to trend around 7.80 percent in 2022 and 7.20 percent in 2023, according to our econometric models.