Finland’s unemployment rate stood at 6.7 percent in February 2023, unchanged from the same month a year earlier. The number of unemployed persons rose by 1 thousand to 186 thousand, while employment increased by 12 thousand to 2.582 million. At the same time, the unemployment rate for people aged 15 to 24 fell to 13.2 percent from 14.5 percent in the corresponding period of 2022. The activity rate grew by 0.3 percentage points to 67.1 percent, and the employment rate edged higher to 72.9 percent from 72.7 percent. source: Statistics Finland

Unemployment Rate in Finland averaged 6.47 percent from 1959 until 2023, 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 March of 2023.

Unemployment Rate in Finland is expected to be 6.50 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 6.90 percent in 2024 and 6.70 percent in 2025, according to our econometric models.

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Finland Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-02-21 06:00 AM Jan 7.6% 6.7% 7.2%
2023-03-21 06:00 AM Feb 6.7% 7.6% 6.8%
2023-04-26 05:00 AM Mar 6.7% 6.5%


Related Last Previous Unit Reference
Unemployment Rate 6.70 7.60 percent Feb 2023
Unemployed Persons 186.00 211.00 Thousand Feb 2023
Employed Persons 2582.00 2558.00 Thousand Feb 2023
Labor Force Participation Rate 67.10 67.10 percent Feb 2023
Youth Unemployment Rate 13.20 16.00 percent Feb 2023
Wages 3807.00 3794.00 EUR/Month Dec 2022
Wages in Manufacturing 111.10 110.70 points Dec 2022
Population 5.55 5.53 Million Dec 2021
Employment Rate 72.90 71.90 percent Feb 2023
Wage Growth 5.70 6.70 percent Dec 2022

Finland Unemployment Rate
In Finland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
6.70 7.60 19.90 0.70 1959 - 2023 percent Monthly
NSA

News Stream
Finnish Jobless Rate Steady at 6.7%
Finland’s unemployment rate stood at 6.7 percent in February 2023, unchanged from the same month a year earlier. The number of unemployed persons rose by 1 thousand to 186 thousand, while employment increased by 12 thousand to 2.582 million. At the same time, the unemployment rate for people aged 15 to 24 fell to 13.2 percent from 14.5 percent in the corresponding period of 2022. The activity rate grew by 0.3 percentage points to 67.1 percent, and the employment rate edged higher to 72.9 percent from 72.7 percent.
2023-03-21
Finnish Jobless Rate at 8-Month High
Finland's unemployment rate edged up to 7.6 percent in January of 2023 from 7.5 percent in the same month a year ago. It was the highest jobless rate since May 2022, as the number of unemployed increased by 6 thousand to 211 thousand, while the number of employed went up by 25 thousand to 2.558 million. The unemployment rate for people aged 15 to 24 ticked down to 16 percent in January from 16.2 percent in the corresponding period of the previous year. Also, the activity rate rose to 67.1 percent from 66.4 percent, and the employment rate grew to 71.9 percent from 71.5 percent.
2023-02-21
Finnish December Jobless Rate Unchanged at 6.7%
The unemployment rate in Finland stood at 6.7 percent in December 2022, unchanged from the same month in the previous year. The number of unemployed was flat at 187 thousand, while the number of employed rose by 10 thousand to 2.60 million. The unemployment rate for people aged 15 to 24 came in at 16.1 percent in December, which was 5.6 percentage points higher than a year ago. The activity rate edged up to 67.7 percent in December 2022 from 67.5 percent in the same period of 2021, and the employment rate ticked higher to 73.4 percent from 73.3 percent.
2023-01-27