Decrease in unemployed jobseekers in October

26.11.2019

A total of 224,700 unemployed jobseekers were registered at the Employment and Economic Development Offices at the end of October. This was 5,400 fewer than a year earlier. These figures are from the Employment Bulletin of the Ministry of Economic Affairs and Employment.

  • The number of unemployed jobseekers was down by 1,300 from the previous month. These figures are from the Employment Bulletin of the Ministry of Economic Affairs and Employment.
  • The number of long-term unemployed amounted to 61,300, down 7,100 on the previous year.
  • The number of unemployed jobseekers aged over 50 was 86,200, or 2,300 fewer than at the same time a year earlier.
  • The number of unemployed jobseekers aged under 25 was 26,700, representing a decrease of 1,700 from October last year.
  • Among unemployed young people, the period of unemployment ended within three months on average in 67.8% of cases between January and October, which is 1.3 percentage points less than the year before.

Increase in new vacancies

  • The number of new vacancies reported to Employment and Economic Development Offices during October totalled 65,100, or 8,000 more than in October the previous year.
  • In all, the number of unfilled vacancies at Employment and Economic Development Offices in October amounted to 120,900, which was 17,100 more than a year ago.
  • At the end of October, the number of persons covered by services included in the activation rate amounted to 124,100, down 6,800 on the previous year. These services include pay subsidies, labour market training, work trials and self-motivated studies.

Unemployment rate 6.2%

  • The employment rate was 72.0%, which was 0.5 percentage points higher than in October the year before.
  • The unemployment rate was 6.2%, or 0.1 percentage points lower than the previous year.

More information

Petri Syvänen, Ministerial Adviser, Ministry of Economic Affairs and Employment, tel. +358 29 504 8050

Employment Bulletin of the Ministry of Economic Affairs and Employment