Unemployment rate

Updated: 21 Sep 2021
Next update: 26 Oct 2021

The unemployment rate is the ratio of the unemployed to the active population (labour force) of the same age, i.e. employed and unemployed persons. The unemployment rate of the total population is calculated as the ratio of 15 to 74-year-old unemployed persons to the active population (labour force) of the same age.

A person is unemployed if he/she is without work during the survey week (not in paid employment or working as self-employed), has actively sought employment in the past four weeks as an employee or self-employed and would be available for work within two weeks. A person who is without work and waiting for an agreed job to start within three months is also classified as unemployed if he/she could start work within two weeks. Persons laid off for the time being who fulfil the above-mentioned criteria are also counted as unemployed.

Labour force: All persons aged 15 to 74 who were employed or unemployed during the survey week belong to the active population. The concept of labour force can also be used of the active population.

   

Employment increased and unemployment decreased clearly

According to Statistics Finland's Labour Force Survey, there were 179,000 unemployed in August 2021 (margin of error ±22,000), i.e. 33,000 fewer than one year earlier. The number of unemployed men was 98,000 and that of women 80,000.

In August, the unemployment rate , the proportion of the employed among the labour force stood at 6.5 per cent, having been 7.8 per cent one year earlier. From last years August, mens unemployment rate fell by 1.1 percentage points to 6.8 per cent and womens by 1.7 percentage points to 6.1 per cent.

Statistical release