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292,400 unemployed jobseekers in November

Ministry of Economic Affairs and Employment
Publication date 23.12.2024 8.04
Press release

The number of unemployed jobseekers rose by 28,100 from November of last year. The number of new vacancies reported totalled 22,800. In all, the number of unfilled vacancies in November was 44,400, which is 42,600 fewer than a year ago.

At the end of November, the number of unemployed jobseekers totalled 292,400. This is 28,100 more than a year earlier and 7,300 more than in the previous month. These figures are from the Employment Bulletin of the Ministry of Economic Affairs and Employment.

The number of unemployed jobseekers includes the customers of Employment and Economic Development Offices and local government pilots on employment as well as people fully laid off. Of the unemployed jobseekers, 167,200, or 20,100 more than in November a year ago, were customers of municipalities participating in the local government pilots on employment.

At the end of November, the number of people laid off was 37,300 persons; a year-on-year increase of 2,000. The number of people fully laid off totalled 24,600, representing a decrease of 1,400 from November the year before. The number of people fully laid off grew by 2,900 from October.

102,600 unemployed in the long term

The number of long-term unemployed — that is those who had been unemployed without interruption for at least a year — amounted to 102,600, up 13,400 on the previous year. The number of unemployed jobseekers aged over 50 was 104,100, representing an increase of 8,000 on the year before.

The number of unemployed jobseekers aged under 25 was 32,100, representing an increase of 4,800 from November last year. Of the unemployment periods of youths, 56.4 per cent ended before reaching three months between January and November. This is 3.9 percentage points fewer than the year before.

Decrease in new vacancies

The number of new vacancies reported during November totalled 22,800, or 21,600 fewer than in November the previous year. In all, the number of unfilled vacancies in November was 44,400, which is 42,600 fewer than a year ago.

At the end of November, the number of persons covered by services included in the activation rate amounted to 105,100, down 11,800 on the previous year. These services include pay subsidies, labour market training, rehabilitative work and self-motivated studies.

Statistics Finland: The trend of the unemployment rate 9.0%

According to the Labour Force Survey issued by Statistics Finland, in November the number of people in employment was 32,000 less than on the previous year. The trend of the employment rate was 71.7%, which was 1.4 percentage points lower than in November the year before. According to the Survey, the unemployment total was 226,000, which is 36,000 more than a year ago. The trend of the unemployment rate was 9.0%, or 1.4 percentage points higher 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 customer register of the Employment and Economic Development Offices and local government pilots on employment, 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 they have actively sought employment during the preceding four weeks and are 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. 

Inquiries:

Petri Syvänen, Ministerial adviser, Ministry of Economic Affairs and Employment, tel. +358 29 504 8050.