Employment rate 

Updated: 25.11.2014 - Next update: 23.12.2014
   
 
 
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In October 2014, the number of employed persons was 2,419,000, which was 7,000 less than a year earlier (margin of error ±32,000). The number of employed persons decreased in the private sector and grew in the public sector compared with October 2013.

In October 2014, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 67.6 per cent, having been 68.1 per cent one year earlier. Mens employment rate was 68.2 per cent and womens 67.0 per cent. Adjusted for seasonal and random variation, the trend of the employment rate was 68.3 per cent.

Statistical release

Source:
Statistics Finland / Labour force survey


Description of indicator

Employment rate is the ratio of employed persons to the population of the same age. The employment rate of the total population is calculated as the ratio of 15 to 64-year-old employed persons to the population of the same age.

A person is employed if he/she has during the survey week been in gainful employment at least one hour against wages or salary or fringe benefits, or to make profit, or has been temporarily absent from work. A person absent from work in the survey week is counted as employed if the reason for absence is maternity or paternity leave, own illness or if the absence has lasted under three months. Employed persons can be employees, self-employed or members of the same household working without actual pay in an enterprise owned by a family member.