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Published: 21 December 2012

Unemployment rate 7.3 per cent in November

According to Statistics Finland’s Labour Force Survey, the number of unemployed persons in November 2012 was 193,000, which was 26,000 higher than one year ago. The unemployment rate was 7.3 per cent, having been 6.2 per cent in November of the year before. The number of employed persons was 2,463,000, which was 37,000 lower than in November 2011.

Unemployment rate and trend of unemployment rate 1989/01–2012/11

Unemployment rate and trend of unemployment rate 1989/01–2012/11

In November 2012, the number of employed persons was 2,463,000, which was 37,000 lower than a year earlier (margin of error ± 31,000). There were 33,000 fewer employed men and 4,000 fewer employed women than in November 2011. The number of employed persons fell in the private sector but grew in the public sector.

In November, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 68.4 per cent, which was 0.8 percentage points lower than one year before. Adjusted for seasonal and random variation, the trend of the employment rate was 68.9 per cent. The employment rate for men decreased by 1.5 percentage points to 68.5 per cent, and that of women by 0.1 percentage points to 68.2 per cent.

According to the Labour Force Survey, there were 193,000 unemployed in November 2012, i.e. 26,000 more than in November of the year before (margin of error ± 15,000). The number of unemployed men was 116,000 and that of women 77,000.

At 7.3 per cent, the unemployment rate in November was 1.0 percentage points higher than one year earlier. Men’s unemployment rate was 8.5 per cent and women’s 6.0 per cent. The trend of the unemployment rate was 8.0 per cent. In November 2012, the unemployment rate among young people aged 15 to 24 was 15.5 per cent, which was 1.8 percentage points higher than in the previous year’s November. The trend of the unemployment rate among young people was 19.2 per cent.

Changes in employment 2011/11–2012/11 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Month Change
2011/11 2012/11 2011/11 - 2012/11
1000 persons Per cent, %
Population total 4 065 4 081 0,4
Active population total 2 666 2 656 –0,4
Employed 2 500 2 463 –1,5
– employees 2 150 2 137 –0,6
– self-employed persons and unpaid family workers 350 326 –6,8
Unemployed 166 193 15,8
Inactive population 1 399 1 425 1,9
  Per cent, % Percentage points
Employment rate, persons aged 15–64 69,2 68,4 –0,8
Unemployment rate 6,2 7,3 1,0
Activity rate 65,6 65,1 –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 November 2012, there were altogether 257,000 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 27,000 higher than in November 2011.

Unemployment increased from the previous year's November in the areas of all Employment and Economic Development Centres; most in Pirkanmaa (16%), Varsinais-Suomi (15%), North Ostrobothnia (15%) and Åland (23%). At the end of November, the number of temporarily laid off persons registered at the employment and economic development offices was 17,000, which was 5,000 higher than twelve months earlier.

The number of persons covered by labour market policy measures totalled 112,000 at the end of November, which was 5,000 fewer than in November of the year before. Altogether 4.2 per cent of the labour force was covered by labour market policy measures.

There were 31,000 unemployed job seekers aged under 25 registered at the employment and economic development offices. Their number was 4,000 higher than in last year's November. During November, 31,000 new vacancies were reported to the employment and economic development offices, which was 6,000 fewer than in November 2011.

Changes 2011/11– 2012/11 according to the Employment Service Statistics of the Ministry of Employment and the Economy

  Year/Month Change
2011/11 2012/11 2011/11 - 2012/11
1000 persons Per cent, %
Unemployed job seekers 230 257 11,6
– unemployed over a year 56 63 12,5
Total measures 118 112 –4,3
– employed with subsidised measures 34 29 –15,3
– in labour market training 33 31 –6,0
– in trainee and job alternation places 21 22 0,6
– in rehabilitative work, self-motivated studies (supported by unemployment benefit) 29 31 7,0
New vacancies at employment and economic development offices 37 31 –15,6
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

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

Comparison between the statistics of Statistics Finland and the Ministry of Employment and the Economy

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, November. Statistics Finland

Inquiries: Kirsi Toivonen 09 1734 3535, Ari Väisänen 09 1734 2290, tyovoimatutkimus@stat.fi

Director in charge: Riitta Harala

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Appendix tables

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Updated 21.12.2012

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. November 2012. Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/tyti/2012/11/tyti_2012_11_2012-12-21_tie_001_en.html