Unemployment rate

Last updated 27/03/2018 - 12:29

Unemployment rate continues to fall

According to the client register of the Ministry of Economic Affairs and Employment, the unemployment rate in the Helsinki region was 1.4 percentage points lower at the end of June than at the same time last year. The unemployment rate decreased clearly in all municipalities of the Helsinki metropolitan area, KUUMA municipalities and the rest of Finland.

According to the Ministry of Economic Affairs and Employment, the unemployment rate was 9.5 per cent in the Helsinki region, 10.4 in Helsinki, 8.8 per cent in Espoo, 9.8 per cent in Vantaa, 8.0 per cent in the KUUMA municipalities and 10.4 per cent in Finland as a whole at the end of June. The information is collected on a monthly basis from the registers of the Employment and Economic Development Offices.

Also according to the sample-based Labour Force Survey of Statistics Finland, the unemployment rate fell in the Helsinki region. In January–March, the unemployment rate in the Helsinki region was 8.0 per cent, 9.8 per cent in Helsinki and nationally 8.2 per cent of the entire labour force.

The unemployment rate began to rise in 2008 but according to the client register data of the Ministry of Economic Affairs and Employment, the unemployment rate took a downward turn in 2016. The decline in unemployment can partly be explained by the deleting people who are no longer unemployed job-seekers from the registers in connection with the periodic interviews for the unemployed.

Unemployment rate (%), Labour Force Survey

However, according to the sample-based Labour Force Survey of Statistics Finland, the unemployment rate remained almost the same in the Helsinki region. In January–March, the unemployment rate in the Helsinki region and in Helsinki was 7.9 per cent, and nationally 8.8 per cent of the entire labour force. The interview-based labour force study may reflect the transfer of people previously categorised as inactive citizens to the category of unemployed as they have actively started to look for jobs. Sample-based numbers also include random variation.

The unemployment rate began to rise in 2008 but, according to the client register data of the Ministry of Economic Affairs and Employment, the unemployment rate took a downward turn in 2016.