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Published: 21 August 2012

Unemployment rate 6,9 per cent in July

According to Statistics Finland’s Labour Force Survey, the number of unemployed persons in July 2012 was 192,000, i.e. the same as one year ago. The rate of unemployment was 6.9 per cent. There were 32,000 more employed than in July of the previous year.

Unemployment rate and trend of unemployment rate 1989/01–2012/07

Unemployment rate and trend of unemployment rate 1989/01–2012/07

In July 2012, the number of employed persons was 2,610,000, which was 32,000 higher than a year earlier (margin of error ± 30,000). There were 12,000 more employed men and 20,000 more employed women than in July 2011.The number of part-time employed was 32,000 higher than one year earlier. The number of both employees and self-employed increased.

In July, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 72.7 per cent, which was 0.9 percentage points higher than one year previously. Adjusted for seasonal and random variation, the trend of the employment rate was 69.3 per cent.

According to the Labour Force Survey, there were 192,000 unemployed in July 2012, i.e. the same as in July of the year before. The number of unemployed men was 98,000 and that of women 94,000.

At 6.9 per cent, the unemployment rate in July was nearly the same as one year before. The trend of the unemployment rate was 7.5 per cent. The unemployment rate among young people aged 15 to 24 was 11.7 per cent in July, which was two percentage points lower than in the previous year’s July. The trend of the unemployment rate among young people was 17.9 per cent.

The number of women in the inactive population decreased by 19,000 persons from July 2011.

Changes in employment 2011/07–2012/07 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Month Change
2011/07 2012/07 2011/07 - 2012/07
1000 persons Per cent, %
Population total 4 059 4 075 0,4
Active population total 2 770 2 802 1,2
Employed 2 578 2 610 1,2
– employees 2 252 2 270 0,8
– self-employed persons and unpaid family workers 326 340 4,3
Unemployed 192 192 0,2
Inactive population 1 289 1 273 –1,3
  Per cent, % Percentage points
Employment rate, persons aged 15–64 71,8 72,7 0,9
Unemployment rate 6,9 6,9 –0,1
Activity rate 68,2 68,8 0,5
Unrounded figures are used in the Change column.
The data comply with the ILO/EU definition.

Employment Service Statistics of the Ministry of Employment and the Economy

At the end of July 2012, there were altogether 274,000 persons registered in accordance with the Employment Office Regulations as job seekers at the employment and economic development offices . The number of unemployed job seekers was 8,000 higher than in last year's July.

Unemployment decreased from July of the previous year only in the areas of the Employment and Economic Development (ELY) Centres of North Savo (-3%) and Satakunta (-2%). The number of unemployed job seekers grew by most in North Karelia (7%), South Savo (5%), Lapland (5%) and Åland (7%). At the end of July, the number of temporarily laid off persons registered at the employment and economic development offices was 12,000, which was 1,000 more than twelve months earlier.

At the end of July, the number of persons covered by labour market policy measures totalled 92,000, which was 1,000 higher than in July of the previous year. Altogether 3.3 per cent of the labour force was covered by labour market policy measures.

There were 40,000 unemployed job seekers aged under 25 registered at the employment and economic development offices. Their number was 3,000 higher than in July of the year before. During this July, 31,000 new vacancies were reported to the employment and economic development offices, which is 1,000 fewer than in July 2011.

Changes 2011/07– 2012/07 according to the Employment Service Statistics of the Ministry of Employment and the Economy

  Year/Month Change
2011/07 2012/07 2011/07 - 2012/07
1000 persons Per cent, %
Unemployed job seekers 266 274 2,9
– unemployed over a year 58 63 7,5
Total measures 91 92 1,1
– employed with subsidised measures 34 30 –13,8
– in labour market training 21 20 –2,3
– in trainee and job alternation places 16 18 7,8
– in rehabilitative work, self-motivated studies (supported by unemployment benefit) 20 25 25,0
New vacancies at employment and economic development offices 32 31 –1,9
Unrounded figures are used in the Change column.

Contact information for the Ministry of Employment and the Economy:

Petri Syvänen, tel. +358 29 504 8050, http://www.tem.fi/employmentbulletin

Links

Labour Force Survey tables in databases

Employment improved in 2011

Differences between the Labour Force Survey and the Employment Service Statistics are explained in the quality description of the Labour Force Survey.

About seasonally adjusted trend

Latest seasonally adjusted employment figures published by the EU can be found on Eurostat's home page http://epp.eurostat.ec.europa.eu

Job vacancy survey


Source: Labour force survey 2012, July. Statistics Finland

Inquiries: Kalle Sinivuori 09 1734 3524, Kirsi Toivonen 09 1734 3535, Veli Rajaniemi 09 1734 3434, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala

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Appendix tables

Figures
Quality descriptions

Updated 21.8.2012

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. July 2012. Helsinki: Statistics Finland [referred: 16.12.2024].
Access method: http://www.stat.fi/til/tyti/2012/07/tyti_2012_07_2012-08-21_tie_001_en.html