📋 Tender Overview
The number of unemployed jobseekers fell by 53700. 91600 new job vacancies were announced in October. The total number of job vacancies was 169700 which is 69100 more than a year ago.At the end of October there were a total of 259000 unemployed jobseekers at employment and economic development offices and municipal trials. Thats 53700 less than a year earlier but 34300 more than two years ago in October. The number of unemployed jobseekers decreased by 6300 from the previous month. Of the unemployed jobseekers 139000 were customers of municipal trials. The number of unemployed jobseekers also includes those laid off full-time. The information appears in the Employment Review of the Ministry of Employment and the Economy.At the end of October 29600 people were laid off nationwide which is 45300 less than in the corresponding period of the previous year. A total of 19800 people were laid off full-time which is 37400 less than in October of the previous year. From September the number of full-time layoffs decreased by 1300.There were 108000 long-term unemployedThere were 108000 long-term unemployed ie those who had been unemployed for at least a year which is 26000 more than a year earlier. There were 100700 unemployed jobseekers over the age of 50 which is 13600 less than at the same time last year.The number of unemployed young jobseekers under the age of 25 was 8500 less than in October of the previous year or a total of 27800.The number of new job vacancies increased91600 new job vacancies were reported during October which is 38600 more than in October of the previous year. In total 169700 jobs were open in October which is 69100 more than a year ago.At the end of October there were 112600 people in the services included in the activation rate which is 5900 less than a year earlier. These services include for example wage subsidies labor market training work experience and self-study.Statistics Finland Unemployment rate trend 7.1 per centAccording to Statistics Finlands Labor Force Survey there were 65000 more employed in October than a year earlier. The trend in the employment rate was 72.7 per cent which is 1.7 percentage points higher than in October of the previous year. According to the Labor Force Survey there were 164000 unemployed which was 37000 less than a year ago. The trend in the unemployment rate was 7.1 per cent or 1.1 percentage points lower than a year earlier..Key differences between employment statistics and the Labor Force Survey The data are based on the Employment and Economic Development Statistics of the Ministry of Employment and the Economy and the Labor Force Survey of Statistics Finland. The source of the Ministry of Employment and the Economys Employment Services Statistics is the customer register of employment and economic development offices while Statistics Finlands Labor Force Survey is a sample survey. In the Employment and Economic Development Statistics of the Ministry of Employment and the Economy the definition of unemployment is that a person does not have an employment relationship and is not employed in business. In addition in employment statistics those laid off full-time are counted as unemployed but full-time students are not. The definition of unemployment in Statistics Finlands Labor Force Survey is stricter it requires the unemployed to seek active employment in the 4 weeks before and to be ready to take up work in the next 2 weeks. As internationally comparable Statistics Finlands Labor Force Survey produces official unemployment figures.
