The number of unemployed in Finland increased by 35,000 in February compared to the corresponding month of the previous year, according to Statistics Finland’s Labor Force Survey.
The figures revealed that the total number of unemployed was 220,000, up from 185,000 in February 2020.
The unemployment rate was 8.1 in February, up from 6.9 a year earlier, and the employment rate for 16-64 year olds was 70.0, up from 70.3 in February 2020.
The unemployment rate for men rose by 1.5 per cent from February last year to 9.2 per cent, while the unemployment rate for women rose by 1.0 percentage point to 7.0 per cent.
Statistics Finland’s method for calculating changes in the labor market was revised at the beginning of this year, which means that they are unable to publish trend figures.
Statistics Finland explained that this means that the data for February 2021 may not be comparable with previously published data and may be revised at a later stage.
Furloughs on the rise
The Ministry of Economic Affairs and Labor’s employment survey specifically stated that by the end of February, 72,600 people had been employed, which is 47,700 more than a year earlier.
A total of 55,700 people were full-time, 3,600 more than in February 2020.
Statistics Finland conducts a monthly labor force survey to determine the unemployment rate, ie its figures usually differ from those used by the Ministry of Employment and the Economy.
Furloughed workers are included in the ministry’s numbers because they have to register to receive income-based unemployment benefits. Statistics Finland’s data include only those who have been looking for a job in the last month and are ready to start a new job in the next two weeks.
Statistics Finland erstellt Finnlands offizielle und international vergleichbare Arbeitslosenzahlen.
Quelle: Die nordische Seite