Employment Bulletin, July 2016

August 23, 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 2,000 more people than a year ago
  • 3,000 new job vacancies more compared to last year

A total of 378,400 unemployed jobseekers were registered at the Employment and Economic Development Offices at the end of July. This is 3,200 less than a year earlier. The number of unemployed jobseekers increased by 12,300 from the previous month. Unemployed jobseekers accounted for 14.4% 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.

At the end of July, unemployed jobseekers under 25 years of age numbered 54,800 representing a decrease of 2,200 from July a year ago. Youth unemployment increased from June by 600.

At the end of July, the number of long-term unemployed who had been unemployed without interruption for more than a year amounted to 127,200, up 14,100 on the previous year.

The number of foreign citizens among unemployed jobseekers totalled 41,000, up 1,000 from July a year ago. Of these foreign unemployed jobseekers, EU/EEA citizens accounted for 11,100 at the end of July, up 200 from the year before.

Increase in the number of new vacancies

The number of new vacancies reported to Employment and Economic Development Offices during July totalled 36,000, which is 3,000 more than in July of the previous year. In all, the number of unfilled vacancies at Employment and Economic Development Offices amounted to 67,800 in July, which is 6,600 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.