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Published: 22 July 2008

Employment grew in June 2008

According to the Labour Force Survey of Statistics Finland, the number of employed persons in June was 2 668 000, or 49 000 higher than a year earlier. The number of wage and salary earners and self-employed persons went up. Among wage and salary earners, the number of full-time employees increased and that of fixed-term employees decreased. The number of employed persons went up in the Provinces of Southern and Eastern Finland.

In June, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 74,4 per cent, which was 0,9 percentage points higher than one year before. The employment rate of men was 76,5 per cent and that of women 72,2 per cent. Adjusted for seasonal and random variation, the trend of the employment rate was 71,0 per cent.

According to the Labour Force Survey, there were 195 000 unemployed in June 2008, i.e. 14 000 fewer than in June of the year before. At 6,8 per cent, the unemployment rate was 0,6 percentage points lower than one year earlier. The trend of the unemployment rate was 6,3 per cent in June.

The rate of unemployment was lowest in the Province of Southern Finland, where it stood at 5,6 per cent, and highest in the Province of Lapland, at 11,9 per cent. In June 2008, the unemployment rate among young people aged 15 to 24 was 16,7 per cent, which was 1,3 percentage points lower than in the previous year’s June. The trend of the unemployment rate among young people was 15,8 per cent.

According to the Labour Force Survey, the average number of employed persons in the second quarter of 2008 running from April to June was 2 574 000, which is 50 000 higher than in the respective quarter of the year before. The number of unemployed persons was 202 000, which is 8 000 fewer than in the April to June period of 2007.

Changes in the labour force 2008/06– 2007/06, thousand persons

  2008/06 2007/06 Change, %
2008/06 - 2007/06
Employed 2 668 2 619 1,9
Unemployed 195 209 -6,7
Labour force 2 862 2 828 1,2
Total persons not in labour force 1 141 1 152 –0,9
      Percentage points
Employment rate, % 74,4 73,5 0,9
Unemployment rate, % 6,8 7,4 -0,6
Labour force participation rate, % 71,5 71,1 0,4
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 Ministry of Employment and the Economy):
http://tilastokeskus.fi/ajk/tiedotteet/v2008/tiedote_020_2008-07-22_en.html


Source: Labour force survey 2008, June. Statistics Finland

Inquiries: Pekka Tossavainen (09) 1734 3517, Juha Martikainen (09) 1734 3225, Veli Rajaniemi (09) 1734 3434, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala

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Updated 22.7.2008

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. June 2008. Helsinki: Statistics Finland [referred: 21.11.2024].
Access method: http://www.stat.fi/til/tyti/2008/06/tyti_2008_06_2008-07-22_tie_001_en.html