According to a recent analysis by the Ministry of Economic Affairs and Employment, a young person aged 18 entering the labour market can expect to have 32.5 years of employment and 4.1 years of unemployment during their working career. The result reflects the average expectation for each 18-year-old based on the situation in 2017.
Working life expectancy has grown. Especially for the elderly, the expected number of working years has risen by several years since the 1990s recession. In the 2010s alone, the working life expectancy for a 50-year-old has grown by about one year.
In 2017, the life expectancy outside employment exceeded the working life expectancy already at the age of 29. At the same time, every young person entering the labour market could expect on average more than four years of unemployment during their working careers.
MEAE´s analysis: Young people entering the labour market can expect more than 32 years of employment and four years of unemployment, press release 14.10.2019, tem.fi