Finland unemployment rate
Finland unemployment rate: 7.8 (-6.02%)
Last Update: February 29, 2024
Last Update: February 29, 2024
Finland unemployment rate closed down 7.8 as of February 29, 2024 from 8.3 from the previous month and 6.7 from last year.
Finland unemployment rate Analytics & Data
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Finland unemployment rate
| Date | Values |
|---|---|
| 2024-02-29 | 7.8 |
| 2024-01-31 | 8.3 |
| 2023-12-31 | 7.1 |
| 2023-11-30 | 6.8 |
| 2023-10-31 | 6.8 |
| 2023-09-30 | 7 |
| 2023-08-31 | 6.7 |
| 2023-07-31 | 6.9 |
| 2023-06-30 | 7.2 |
| 2023-05-31 | 9 |
| 2023-04-30 | 7.9 |
| 2023-03-31 | 6.9 |
| 2023-02-28 | 6.7 |
| 2023-01-31 | 7.6 |
| 2022-12-31 | 6.7 |
| 2022-11-30 | 5.9 |
| 2022-10-31 | 5.8 |
| 2022-09-30 | 6.7 |
| 2022-08-31 | 6.7 |
| 2022-07-31 | 6.6 |
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Finland unemployment rate Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| unemployment rate | fi.unemploymentrate | 7.8 | 8.3 | -6 | 16 | UP | UP | 82 | 2024-02-29 |
Finland unemployment rate Factors
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What is the Finland unemployment rate
Finland Unemployment Rate: Current Data, Trends, and AnalyticsWelcome to our webpage dedicated to providing you with the latest and historical data on the unemployment rate in Finland! Here you will find detailed information, interactive charts, and insightful analytics to help you understand and interpret Finland's employment situation.
What is the Unemployment Rate?
The unemployment rate represents the percentage of the labor force that is jobless and actively seeking employment. It is one of the most crucial economic indicators and provides insights into a country's overall labor market health.
Interpreting the Unemployment Rate:
- Low Unemployment Rate (e.g., below 5%): A low unemployment rate typically indicates a strong economy and suggests that most individuals who are actively looking for work can find employment easily. It can also lead to increased wages and higher consumer spending.
- High Unemployment Rate (e.g., above 8%): A high unemployment rate indicates a struggling economy and suggests that a significant portion of the labor force is unable to secure employment. This situation can lead to reduced consumer spending, lower tax revenues, and increased government spending on social welfare programs.
- Changing Unemployment Rate: Monitoring the trend of the unemployment rate over time is crucial. A steady decrease in the unemployment rate suggests improving labor market conditions, while a consistent increase may indicate economic challenges and potential job market difficulties.
On our webpage, you will find a range of valuable resources to help you navigate and understand Finland's unemployment rate:
1. Interactive Charts and Historical Data: We provide interactive charts that present the unemployment rate over time. Users can customize the time period and zoom in on specific periods for more precise analysis. Additionally, you can export historical data for free, allowing you to conduct further analysis and incorporate the information into your reports or presentations.
2. Trends and Signals: We analyze the unemployment rate data alongside other economic indicators to identify trends and provide valuable insights. Our dedicated team of experts leverages state-of-the-art algorithms and techniques to generate MacroVar signals, trends, and analysis that can enhance your understanding of Finland's labor market dynamics.
3. Analytics and Interpretation: We offer comprehensive analysis of the unemployment rate data, discussing key factors contributing to fluctuations, such as economic growth, policy changes, and global events. Our goal is to help you interpret the data accurately and make informed decisions or predictions.
We strive to equip you with the most relevant and up-to-date information on Finland's unemployment rate. Stay informed about the labor market landscape and use our resources to gain insights, make data-driven decisions, and anticipate potential changes in the economy.
Please note that our webpage is regularly updated with the latest data, ensuring you have access to the most recent information and analysis.
Start exploring Finland's unemployment rate data, trends, and analytics now!
Finland Financial Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| Finland 10-year bond yield | FI.10Y | -0.374 | 1 | -0.75 | -1.52421 | 40.7643 | 0.09038 | 0.07781 | 0.52653 | -0.00796 |
| Finland 2-year bond yield | FI.2Y | -0.01 | -0.5 | -0.5 | -1.4091 | 52.1742 | 0 | 2.33333 | -0.6875 | -1.10101 |
| Finland Yield Curve | FI.YC | 0.984 | -0.5 | -1 | -1.78538 | 39.0871 | 0.01443 | -0.0334 | -0.0855 | -0.47436 |
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | fi.balanceoftrade | 354.1 | -37.2 | -1052 | 34 | UP | UP | 63 | 2023-11-30 |
| bank lending rate | fi.banks.lendingrate | 7.32 | 7.2165 | 1 | 51 | UP | UP | 94 | 2023-06-30 |
| banks balance sheet | fi.banks.bs | 184447 | 195346 | -6 | -33 | Down | Down | 2 | 2024-02-29 |
| building permits | fi.buildingpermits | 1020 | 941 | 8 | -4 | Down | Down | 71 | 2024-01-31 |
| business confidence | fi.bizconfidence | -13 | -11 | 18 | 8 | UP | Down | 72 | 2024-03-31 |
| capacity utilization | fi.caputilization | 73.3 | 73.6 | -0 | -6 | Down | Down | 22 | 2024-03-31 |
| car registrations | fi.carregistrations | 6486 | 5375 | 21 | -16 | Down | Down | 26 | 2024-03-31 |
| central bank balance sheet | fi.cb.assets | 1356.26 | 2480.03 | -45 | 16 | Down | UP | 52 | 2024-03-31 |
| consumer confidence | fi.consconfidence | -9.4 | -9.5 | -1 | -13 | UP | UP | 72 | 2024-03-31 |
| consumer price index cpi | fi.cpi | 122.36 | 122.5 | -0 | 2 | UP | UP | 47 | 2024-03-31 |
| core inflation rate | fi.coreinflationrate | 2.1 | 2.7 | -22 | -60 | Down | Down | 7 | 2024-03-31 |
| current account | fi.currentaccount | -624 | -64 | 875 | -16 | Down | UP | 68 | 2024-02-29 |
| current account to gdp | fi.currentaccountgdp | -1.4 | -2.4 | -42 | -33 | Down | UP | 0 | 2024-01-31 |
| exports | fi.exports | 6200 | 6340 | -2 | -23 | Down | Down | 3 | 2023-11-30 |
| external debt | fi.externaldebt | 597102 | 605531 | -1 | 12 | Down | UP | 41 | 2023-12-31 |
| fiscal expenditure | fi.fiscalexp | 7107 | 5779 | 23 | -6 | UP | Down | 18 | 2024-01-31 |
| foreign exchange reserves | fi.fxreserves | 15542 | 15522 | 0 | 2 | UP | UP | 28 | 2024-02-29 |
| gdp | fi.gdp | 282.9 | 296.78 | -5 | 3 | UP | UP | 0 | 2023-01-31 |
| Real GDP | fi.realgdp | 57212 | 57675 | -1 | -1 | Down | Down | 30 | 2024-06-30 |
| gdp growth | fi.gdpgrowth | -0.7 | -1.1 | -36 | -800 | Down | Down | 8 | 2024-03-31 |
| gdp growth annual | fi.gdpgrowthan | -1.8 | -1.6 | 12 | 20 | Down | Down | 83 | 2023-12-31 |
| gold reserves | fi.goldres | 49.02 | 49.14 | 0 | 0 | Down | Down | 51 | 2021-12-31 |
| government budget | fi.govbudget | -2.7 | -0.4 | 575 | 23 | Down | Down | 0 | 2024-01-31 |
| Government budget | fi.govbudgetvalue | -952 | 2178 | -144 | -70 | Down | UP | 37 | 2024-01-31 |
| government debt | fi.govdebt | 160776 | 161864 | -1 | 12 | UP | UP | 73 | 2024-02-29 |
| government debt to gdp | fi.govdebtgdp | 75.8 | 73.5 | 3 | 41 | UP | UP | 0 | 2024-01-31 |
| government revenues | fi.govrev | 6154 | 7958 | -23 | 39 | Down | UP | 95 | 2024-01-31 |
| housing starts | fi.housingstarts | 1873 | 1629 | 15 | -10 | Down | Down | 44 | 2024-01-31 |
| imports | fi.imports | 6185 | 5991.5 | 3 | -21 | Down | Down | 10 | 2023-11-30 |
| industrial production | fi.indproduction | 1.3 | -0.7 | -286 | -139 | UP | UP | 52 | 2024-02-29 |
| industrial production mom | fi.indproductionmm | -0.3 | 4 | -108 | -88 | Down | UP | 0 | 2024-02-29 |
| inflation cpi | fi.inflationcpi | 2.2 | 3 | -27 | -72 | Down | Down | 13 | 2024-03-31 |
| interbank rate | fi.interbankrate | 3.8 | 3.78 | 1 | 2 | UP | UP | 45 | 2023-08-14 |
| interest rate | fi.interestrate | 4.5 | 4.5 | 0 | 8900 | UP | UP | 99 | 2024-04-01 |
| loans to private sector | fi.loanprivate | 108047 | 107922 | 0 | 3 | UP | UP | 31 | 2024-02-29 |
| long term unemployment rate | fi.ltunemploymentrate | 1.7 | 1.6 | 6 | 21 | UP | UP | 60 | 2023-12-31 |
| money supply m0 | fi.msm0 | 26380.2 | 26417.6 | -0 | -1 | Down | Down | 16 | 2024-02-29 |
| money supply m1 | fi.msm1 | 133968 | 136680 | -2 | -24 | Down | Down | 8 | 2024-02-29 |
| money supply m2 | fi.msm2 | 156921 | 159422 | -2 | -18 | Down | Down | 9 | 2024-02-29 |
| money supply m3 | fi.msm3 | 202547 | 205635 | -2 | -14 | Down | Down | 3 | 2024-02-29 |
| Producer Price Index | fi.producerprices | 133.3 | 133.6 | -0 | -5 | Down | Down | 42 | 2024-02-29 |
| PPI Index | fi.producerpricesch | -5.1 | -5.4 | -6 | -155 | UP | Down | 28 | 2024-02-29 |
| retail sales MoM | fi.retailsales | 0.5 | 0.7 | -29 | -69 | UP | Down | 0 | 2023-06-30 |
| retail sales yoy | fi.retailsalesan | 0.7 | 1.2 | -42 | -82 | Down | Down | 13 | 2023-10-31 |
| unemployment rate | fi.unemploymentrate | 7.8 | 8.3 | -6 | 16 | UP | UP | 82 | 2024-02-29 |
| youth unemployment rate | fi.ytunemploymentrate | 16.8 | 20.4 | -18 | 27 | UP | UP | 79 | 2024-02-29 |
| Construction Confidence | fi.esi.constr | -44.4 | -43 | 300 | 23900 | Down | Down | 0 | 2024-01-22 |
| Consumer Confidence | fi.esi.cons | -12.1 | -12.4 | -200 | -2700 | Down | UP | 6500 | 2024-01-22 |
| Industrial Confidence | fi.esi.man | -21.7 | -20.7 | 500 | 17800 | Down | Down | 8300 | 2024-01-22 |
| Retail Confidence | fi.esi.ret | -5.1 | -6.3 | -1900 | -6600 | UP | UP | 6700 | 2024-01-22 |
| Services Confidence | fi.esi.serv | -5.4 | -6.6 | -1800 | -38400 | Down | Down | 1000 | 2024-01-22 |
| ESI - Economic Composite | fi.esi.conf | 114.3 | 110.7 | 3 | 23 | UP | UP | 86 | 2022-02-28 |