Unemployment rate

Updated: 20 Dec 2019
Next update: 23 Jan 2020

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 from one year ago

According to Statistics Finland's Labour Force Survey, there were 160,000 (margin of error ±17,000) unemployed in November 2019, i.e. 8,000 fewer than one year earlier. The number of unemployed men was 94,000 and that of women 66,000.

The unemployment rate was 5.9 per cent in November, having been 6.2 per cent in the year before. The unemployment rate for men fell by 0.5 percentage points from last years November to 6,7 per cent. Womens unemployment rate decreased to 5.1 per cent, having been 5.2 per cent in November 2018.

Statistical release