Home > Statistics > Labour force survey > 2005 > July > Unemployment fell in July 2005

Published: 23 August 2005

Unemployment fell in July 2005

According to the Labour Force Survey of Statistics Finland, the number of unemployed persons was in July 197,000, i.e. 15,000 lower than one year previously. The rate of unemployment was 7.3 per cent, while it was 7.8 per cent one year before.

There were 2,494,000 employed in July 2005, i.e. almost same number than in the previous year. The employment rate stood at 70.7 per cent, while it was 70.6 per cent in July 2004. In the January to July period of 2005 the average number of employed persons was 2,397,000, which is 34,000 higher than in the corresponding period of the year before.

Changes in the labour force 7/2004 - 7/2005, thousand persons

	July 2005	July 2004	Change, % 7/04 - 7/05
Employed total	2 494	2 490	0.2
Employment rate, %	70.7	70.6	0.1 2
Unemployed 1	197	212	-7.1
Unemployment rate, %	7.3	7.8	-0.5 2
Labour force, total	2 691	2 701	-0.4
Labour force participation rate, %	68.1	68.6	-0.5 2
Economically inactive, total	1 258	1 234	1.9
Unrounded figures are used in the CHANGE column 1 Based on the recommendations of the International Labour Organisation (ILO)			2 percentage points

Press release connected to this statistical release

Source: Labour force survey 2005, July. Statistics Finland

Inquiries: Mr Pekka Tossavainen +358 9 1734 3517, Mr Kalle Sinivuori +358 09 1734 3524, tyovoimatutkimus@tilastokeskus.fi

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Last updated 23.8.2005