Number of unemployed jobseekers nearly doubled in April

27.5.2020

  • A total of 433,100 unemployed jobseekers were registered at the Employment and Economic Development Offices at the end of April, showing a year-on-year increase of 203,400.
  • The number of unemployed jobseekers increased by 124,000 from the previous month.
  • The rapid increase in the number of unemployed jobseekers and particularly in the number of full-time lay-offs was due to restrictions caused by the coronavirus pandemic.
  • At the end of April, the number of people laid off was 184,000 in the whole country; a year-on-year increase of 166,600.
  • The number of people fully laid off totalled 163,700, representing an increase of 152,100 from April the year before.
  • The number of long-term unemployed — that is those who had been unemployed without interruption for more than a year — amounted to 67,400, up 4,300 on the previous year.
  • The number of unemployed jobseekers aged over 50 was 141,500, representing an increase of 53,900 on the year before.
  • The number of unemployed jobseekers aged under 25 was 56,300, representing an increase of 27,800 from April last year.
  • Among unemployed young people, the period of unemployment ended within three months on average in 64.3% of cases between January and April, which is 1.2 percentage points less than the year before.

Decrease in number of new vacancies

  • The number of new vacancies reported to Employment and Economic Development Offices during April totalled 50,100; down 18,700 from April a year earlier.
  • In all, the number of unfilled vacancies at Employment and Economic Development Offices amounted to 113,300 in April; a decrease of 31,400 from the previous year.
  • At the end of April, the number of persons covered by services included in the activation rate amounted to 111,000, down 18,800 on the previous year.

Statistics Finland: Unemployment rate 8.1%

  • According to the Labour Force Survey issued by Statistics Finland, in April the number of people in employment was 56,000 less than on the previous year.
  • The employment rate was 70.1%, which was 1.1 percentage points lower than in April the year before.
  • According to the Survey, the unemployment total was 217,000, which is 2,000 less than a year ago. The unemployment rate was 8.1%, or 0.1 percentage points higher than the previous year.

Inquiries

Employment Bulletin of the Ministry of Economic Affairs and Employment