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Published: 21 August 2007

Employment grew and unemployment fell in July 2007

According to the Labour Force Survey of Statistics Finland, the number of employed persons in July was 2 595 000, or 55 000 higher than a year earlier. Employment increased in both the private and the public sector. The number of employed persons went up in the provinces of Southern Finland, Western Finland and Oulu.

In July, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 72,9 per cent, which was 1,1 percentage points higher than one year previously. The employment rate of men was 75,1 per cent and that of women 70,7 per cent. The seasonally adjusted trend of the employment rate was 70,1 per cent.

According to the Labour Force Survey, there were 161 000 unemployed in July 2007, i.e. 18 000 fewer than in July of the year before. At 5,9 per cent, the unemployment rate was 0,7 percentage points lower than one year before. The seasonally adjusted trend of the unemployment rate was 6,9 per cent in July.

According to the Labour Force Survey, the average number of employed persons in the January to July 2007 period was 2 488 000, which is 50 000 more than over the corresponding period of the year before. The average number of unemployed persons was 198 000, or 25 000 fewer than in the January to July period of 2006.

Changes in the labour force 2007/07 – 2006/07, thousand persons

  2007/07 2006/07 Change, %
2007/07 - 2006/07
Employed, total 2 595 2 540 2,2
Unemployed 161 179 -9,8
Labour force, total 2 756 2 719 1,4
Economically inactive, total 1 225 1 245 -1,6
      Percentage points
Employment rate, % 72,9 71,8 1,1
Unemployment rate, % 5,9 6,6 -0,7
Labour force participation rate, % 69,2 68,6 0,6
Unrounded figures are used in the Change column.
The data are collected according to the ILO/EU definition.		      

Links: Press release connected to this statistical release (inclusive of data of the Ministry of Labour):
http://tilastokeskus.fi/ajk/tiedotteet/v2007/tiedote_021_2007-08-21_en.html

Source: Labour force survey 2007, July. Statistics Finland

Inquiries: Kalle Sinivuori (09) 1734 3524, Veli Rajaniemi (09) 1734 3434, Juha Martikainen (09) 1734 3225, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala

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Updated 21.8.2007

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. July 2007. Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/tyti/2007/07/tyti_2007_07_2007-08-21_tie_001_en.html