Employment Bulletin, February 2016

22.3.2016

Trends:

  • The total number of jobseekers increased
  • The number of unemployed jobseekers increased by 6,000 compared to the year before
  • Services included in the activation rate had 7,000 less people than a year ago
  • 4,000 new job vacancies more compared to last year

A total of 361,000 unemployed jobseekers were registered at the Employment and Economic Development Offices at the end of February. This is 5,600 more than a year earlier. Unemployment increased especially among those with a higher level of education. The number of unemployed jobseekers decreased by 7,100 from the previous month. The figures are from the Employment Service Statistics of the Ministry of Employment and the Economy.

The number of foreign citizens among unemployed jobseekers totaled 32,900, up 900 from February a year ago. Of these foreign unemployed jobseekers, EU/EEA citizens accounted for 10,700 at the end of February, up 600 from the year before.

Increase in new job vacancies compared to last year

The number of new vacancies reported to Employment and Economic Development Offices during February totalled 59,500, which is 3,500 more than February in the previous year. In all, the number of unfilled vacancies at Employment and Economic Development Offices amounted to 106,600 in February, which is 5,200 more than a year ago.

Unemployment grew only slightly among young people. At the end of February, unemployed jobseekers under 25 years of age numbered 46,100 representing an increase by 200 from February a year ago. Youth unemployment decreased from January by 2,200.

Long¬term unemployment continued to grow as the number of long¬term unemployed who have been unemployed without interruption for more than a year amounted 122,000, up 19,500 on the previous year.

Information about the bulletin

The Employment Bulletin is based on the data from the MEE's Employment Service Statistics. The Ministry of Employment and the Economy compiles statistics on the clients of the Employment and economic development offices (TE offices), including registered job¬seekers, labour market policy services, and job vacancies reported to TE offices by employers. The data used by MEE Employment Service Statistics is completely registry-based.