A more recent publication of this set of statistics is available.

Latest publication: Labour force survey 2021, February

Published: 22 December 2020

Number of employed persons close to one year ago, more unemployed than one year earlier

According to Statistics Finland’s Labour Force Survey, the number of employed people was slightly lower in November 2020 than one year back. There were 27,000 more unemployed than in November 2019. The trend of the employment rate was 72.2 per cent and the trend of the unemployment rate was 8.1 per cent.

Employment rate and trend of employment rate 2010/11–2020/11, persons aged 15–64

Employment rate and trend of employment rate 2010/11–2020/11, persons aged 15–64

Employment and unemployment vary quite considerably by month and the change from the observation of the previous month mainly describes the seasonal aspect rather than the trend in development. Thus, the latest statistical data are compared to the corresponding period of the year before. By contrast, the figures of the trend series that are adjusted for seasonal and random variation are mutually comparable and phenomena associated with long-term development and cyclical changes are thus more easily observable from the trend of the time series.

The trend usually changes somewhat when the data of the following month are included in the time series. This preliminary nature of trend figures should be considered when making conclusions. Due to the coronavirus pandemic, there is untypical variation in the time series in 2020, which is why uncertainty related to trend figures is higher than usual. In connection with the calculation of the September data, the fall in employment in the spring was interpreted as a level shift in the seasonal adjustment model, because employment has not returned to the same level during the past six months. The level shift is visible as a steep change in the trend graphs. The figures reported in this release are not adjusted for seasonal variation unless separately mentioned that they concern the trend. Find out more about the trend here .

The trend of the employment rate was 72.2 per cent in November and the trend of the unemployment rate was 8.1 per cent. Based on the seasonally adjusted data for November, the trend of the employment rate has been on the rise after April.

In November 2020, the number of employed persons was 2,540,000 (margin of error ±36,000), which was 4,000 lower than a year earlier. There were 9,000 more employed men and 13,000 fewer employed women than in November 2019.

In November, the employment rate , that is, the proportion of the employed among persons aged 15 to 64, stood at 71.8 per cent, having been 71.7 per cent one year earlier. From the previous year’s November, the employment rate of men aged 15 to 64 rose by 0.7 percentage points to 73.3 per cent and that of women fell by 0.6 percentage points to 70.2 per cent.

According to Statistics Finland's Labour Force Survey, there were 187,000 unemployed in November 2020 (margin of error ±19,000), i.e. 27,000 more than one year earlier. The number of unemployed men was 100,000 and that of women 86,000.

The unemployment rate was 6.9 per cent in November, having been 5.9 per cent in the year before. The unemployment rate for men went up by 0.4 percentage points from the previous year’s November to 7.0 per cent. The unemployment rate for women rose by 1.6 percentage points to 6.7 per cent.

In November, there were a total of 607,000 young people aged 15 to 24 . Of them, 227,000 were employed and 45,000 unemployed. Thus, the number of young people in the active population, i.e. the employed and unemployed in total, was 271,000. In November, the unemployment rate for young people aged 15 to 24, that is, the proportion of the unemployed among the labour force, stood at 16.5 per cent, which was 4.7 percentage points higher than one year previously. The trend of the unemployment rate among young people was 19.2 per cent. The share of unemployed young people aged 15 to 24 among the population in the same age group was 7.4 per cent.

There were 1,403,000 persons in the inactive population in November 2020, which was 24,000 fewer than one year earlier. Of the inactive population, 117,000 persons were in disguised unemployment , which was 7,000 fewer than in November 2019.

Changes in employment 2019/11 – 2020/11 according to Statistics Finland’s Labour Force Survey, population aged 15 to 74

  Year/Month Change
2019/11 2020/11 2019/11 - 2020/11
1000 persons Per cent, %
Population total 4 130 4 130 0,0
Active population total 2 703 2 726 0,8
Employed 2 543 2 540 –0,1
– employees 2 196 2 212 0,7
– self-employed persons and unpaid family workers 347 328 –5,7
Unemployed 160 187 16,7
Inactive population 1 427 1 403 –1,7
– persons in disguised unemployment 124 117 –5,5
  Per cent, % Percentage points
Employment rate, persons aged 15–64 71,7 71,8 0,1
Unemployment rate 5,9 6,9 0,9
Activity rate 65,5 66,0 0,6
Unrounded figures are used in the Change column.
The data comply with the ILO/EU definition.


Employment Service Statistics of the Ministry of Economic Affairs and Employment

At the end of November 2020, there were altogether 315,000 persons registered in accordance with the Employment Office Regulations as unemployed job seekers at the employment and economic development offices . The number of unemployed job seekers was 86,000 higher than in November last year.

Unemployment rose in November from the corresponding period last year in the areas of all Centres for Economic Development, Transport and the Environment: most in Uusimaa (61%), Ostrobothnia (55%), Southwest Finland (36%) and Pirkanmaa (34%). The number of unemployed job seekers grew least in Kainuu (10%), South Savo (12%), North Karelia (16%) and Southeast Finland (19%). At the end of November, the number of persons fully laid off registered at the employment and economic development offices was 58,000, which was 43,000 more than twelve months earlier.

The number of persons engaged in services included in the activation rate totalled 120,000 at the end of November, which was 5,000 fewer than in November of the previous year. Altogether, 4.4 per cent of the labour force was covered by labour market policy services.

There were 36,000 unemployed job seekers aged under 25 registered at the employment and economic development offices. Their number was 9,000 higher than in last year's November. During November, 49,000 new vacancies were reported to the employment and economic development offices, which was 7,000 fewer than in November last year.

Changes 2019/11–2020/11 according to the Employment Service Statistics of the Ministry of Economic Affairs and Employment

  Year/Month Change
2019/11 2020/11 2019/11 - 2020/11
1000 persons Per cent, %
Unemployed job seekers 229 315 37,6
– unemployed over a year 61 85 39,6
Services, total 125 120 –4,0
– employed 24 23 –1,7
– in labour market training, in training 25 29 13,5
– engaged in work/training trials 9 7 –22,5
– as a job alternation substitute, in rehabilitative work, self-motivated studies supported by unemployment benefit 67 61 –8,8
New vacancies at employment and economic development offices 57 49 –12,7
Unrounded figures are used in the Change column.

Contact information for the Ministry of Economic Affairs and Employment:
Petri Syvänen, tel. +358 29 504 8050, Employment bulletin

Links

Publication and dissemination of Labour Force Survey data in the early part of 2021

How and why is the Labour Force Survey renewed from the beginning of 2021?

The new classification of the employer sector was adopted in the Labour Force Survey starting from 1 January 2020. Comparison data according to the new classification of employer sectors for 2019 are published only in the appendix tables of the monthly and quarterly releases.

Labour Force Survey tables in databases

Seasonally adjusted time series of the key figures of the Labour Force Survey have been added to Database Table 11ag on 24 November 2020.

Seasonal adjusted series of the key indicators of the Labour Force Survey has been added to the database table 11ag on 24.11.2020.

About seasonally adjusted trend

The accuracy of figures and the margins of error are explained in the quality description of the Labour Force Survey .

Comparison between the employment statistics of Statistics Finland and the Ministry of Economic Affairs and Employment

Job vacancy survey

The latest seasonally adjusted employment figures published by the EU and
the latest data on open job vacancies published by the EU can be found on
Eurostat's home page http://ec.europa.eu/eurostat .


Source: Labour force survey 2020, November. Statistics Finland

Inquiries: Ulla Hannula 029 551 2924, Tatu Leskinen 029 551 3285, tyovoimatutkimus@stat.fi

Head of Department in charge: Hannele Orjala

Publication in pdf-format (455.5 kB)

Tables

Tables in databases

Appendix tables

Figures
Quality descriptions

Updated 22.12.2020

Referencing instructions:

Official Statistics of Finland (OSF): Labour force survey [e-publication].
ISSN=1798-7857. November 2020. Helsinki: Statistics Finland [referred: 13.4.2021].
Access method: http://www.stat.fi/til/tyti/2020/11/tyti_2020_11_2020-12-22_tie_001_en.html