Finland's unemployment rate increased to 8.1 percent in February of 2021 from 6.9 percent in the same month the previous year. The number of unemployed increased by 35 thousand to 220 thousand while the number of employed declined by 6 thousand to 2.48 million. The jobless rate for men went up by 1.5 percentage points to 9.2 percent, while that for women rose by 1.0 percentage points to 7.0 percent. The activity rate was up to 65.5 percent in February from 64.7 percent a year earlier, and the employment rate fell to 70.0 percent from 70.3 percent. source: Statistics Finland
Unemployment Rate in Finland averaged 6.42 percent from 1959 until 2021, reaching an all time high of 19.90 percent in May of 1994 and a record low of 0.70 percent in September of 1961. This page provides the latest reported value for - Finland Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Unemployment Rate in Finland is expected to be 8.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Finland to stand at 9.00 in 12 months time. In the long-term, the Finland Unemployment Rate is projected to trend around 7.80 percent in 2022 and 7.20 percent in 2023, according to our econometric models.