273,700 unemployed jobseekers in January

NordenBladet — The number of unemployed jobseekers decreased by 59,100 from January the year before. The number of new vacancies reported in January totalled 125,100. In all, the number of unfilled vacancies amounted to 208,100, which is 78,200 more than a year ago.At the end of January, a total of 273,700 unemployed jobseekers were registered at the Employment and Economic Development Offices and municipalities participating in the local government pilots on employment. This is 59,100 less than a year earlier, but 22,000 more than in January two years ago. The number of unemployed jobseekers was down by 1,600 from the previous month. Of the unemployed jobseekers, 144,600 were customers of municipalities participating in the local government pilots on employment. The number of unemployed jobseekers also includes those fully laid off. These figures are from the Employment Bulletin of the Ministry of Economic Affairs and Employment.At the end of January, the number of people laid off was 37,900 in the whole country, which was 37,200 fewer than at the same time the year before. The number of people fully laid off totalled 29,100, representing a decrease of 28,600 from January the year before. The number of people fully laid off increased by 3,800 from December.106,000 unemployed in the long termThe number of long-term unemployed — that is those who had been unemployed without interruption for at least a year — amounted to 106,000, up 12,500 on the previous year. The number of unemployed jobseekers aged over 50 was 105,100, or 15,800 fewer than at the same time a year earlier.Unemployed jobseekers aged under 25 numbered 30,000, representing a decrease of 10,300 from January last year. Of the unemployment periods of youths, 59.2 per cent ended before reaching three months in January. This is 7.5 percentage points more than the year before.Increase in new vacanciesThe number of new vacancies reported during January totalled 125,100, or 41,500 more than in January the previous year. In all, the number of unfilled vacancies in January amounted to 208,100, which is 78,200 more than a year ago.At the end of January, the number of persons covered by services included in the activation rate amounted to 108,900, down 3,300 on the previous year. These services include pay subsidies, labour market training, work trials and self-motivated studies.Statistics Finland: The trend of the unemployment rate 7.0%According to the Labour Force Survey issued by Statistics Finland, in January the number of people in employment was 88,000 more than on the previous year. The trend of the employment rate was 73.5%, which was 3.0 percentage points higher than in January the year before. According to the Survey, the unemployment total was 205,000, which is 31,000 less than a year ago. The trend of the unemployment rate was 7.0%, or 1.1 percentage points lower than the previous year.Key differences between Employment Service Statistics and the Labour Force Survey This information is based on the Ministry of Economic Affairs and Employment’s Employment Service Statistics and the Labour Force Survey of Statistics Finland. The Employment Service Statistics of the Ministry are compiled on the basis of the information in the Employment and Economic Development Offices’ customer register, while the Labour Force Survey of Statistics Finland is based on sampling. In the employment service statistics of the Ministry of Economic Affairs and Employment persons that are not in employment relationship or employed in business are listed as unemployed. Persons fully laid-off but not full-time students are also categorised as unemployed in the Employment Service Statistics. The Labour Force Survey of Statistics Finland has a stricter definition of being unemployed: a person is unemployed if he or she has actively sought employment during the preceding four weeks and is available for work over the coming two weeks. The figures of the Labour Force Survey of Statistics Finland are internationally comparable and thus they are the official Finnish unemployment statistics. Further information on the differences in the statistics https://tilastokeskus.fi/til/tyti/tyti_2019-09-13_men_001_en.html

Source: Valtioneuvosto.fi