Long-term unemployment continued to fall in May

20.6.2017

A total of 291,500 unemployed jobseekers were registered at the Employment and Economic Development Offices at the end of May. This is 40,600 less than a year earlier. The number of unemployed jobseekers decreased by 12,800 from the previous month. The figures are from the Employment Bulletin of the Ministry of Economic Affairs and Employment.

The number of long-term unemployed — that is those who had been unemployed without interruption for more than a year — amounted to 106,500, down 18,500 on the previous year. The number of unemployed jobseekers over 50 years of age was 112,900, or 12,100 less than at the same time a year earlier.

Unemployed jobseekers under 25 years of age numbered 35,100, representing a decrease of 6,700 from May last year. Among unemployed young people, the period of unemployment ended within three months on average in 62.3% of cases between January and May, which is 2.5 percentage points more than the year before.

The number of new vacancies reported to Employment and Economic Development Offices during May totalled 52,100, or 3,900 more than in May the previous year. In all, the number of unfilled vacancies at Employment and Economic Development Offices in May amounted to 97,400, which is 5,300 more than a year ago.

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Long-term unemployment continued to fall in May (Press release from the Ministry of Economic Affairs and Employment 20.6.2017)

Employment Bulletin of the Ministry Economic Affairs and Employment