Employment Bulletin, June 2016

July 26, 2016

Trends:

  • The total number of jobseekers increased
  • The number of unemployed jobseekers decreased by 3,000 compared to the year before
  • Services included in the activation rate had 1,000 more people than a year ago
  • 5,000 new job vacancies more compared to last year

A total of 366,100 unemployed jobseekers were registered at the Employment and Economic Development Offices at the end of June. This is 2,800 less than a year earlier. The number of unemployed jobseekers increased by 33,900 from the previous month. Unemployed jobseekers accounted for 13.9 % of the labour force which is 0.1 percentage points less than a year ago. The figures are from the Employment Service Statistics of the Ministry of Economic Affairs and Employment.

Typical of the summer period, the increase was brought about by the entry into the labour market of the young graduates from various education institutions and termination of certain fixed-term employment contracts for the summer months. The termination of fixed-term contracts in summer increased unemployment particularly among women.

At the end of June, unemployed jobseekers under 25 years of age numbered 54,200 representing a decrease of 1,500 from June a year ago. Youth unemployment increased from May by 12,400.

At the end of June, the number of long­term unemployed who have been unemployed without interruption for more than a year amounted to 126,800, up 16,600 on the previous year.

The number of foreign citizens among unemployed jobseekers totalled 38,700, up 800 from June a year ago. Of these foreign unemployed jobseekers, EU/EEA citizens accounted for 10,800 at the end of June, up 300 from the year before.

Increase in the number of new vacancies

The number of new vacancies reported to Employment and Economic Development Offices during June totalled 39,200, which is 5,200 more than in June the previous year. In all, the number of unfilled vacancies at Employment and Economic Development Offices amounted to 75,000 in June, which is 6,700 more than a year ago.

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.