Financial News: Finland Jobless Rate Rises To 9.5%, Highest In

Finland Jobless Rate Rises To 9.5%, Highest In 8 Months

02/25/2025 - 01:29:00 (RTTNews)

(RTTNews) - Finland's unemployment rate increased in January to the highest level in eight months, figures from Statistics Finland showed on Tuesday.

The jobless rate among the 15-74 age groups climbed to 9.5 percent in January from 8.1 percent in December.

Moreover, this was the highest jobless rate since May 2024, when it was 10.2 percent.

In the same month last year, the unemployment rate was 8.3 percent.

The number of unemployed people rose to 269,000 in January from 226,000 in the previous month.

The youth unemployment rate, which is for people aged 15 to 24, also climbed to an 8-month high of 20.1 percent in January from 17.3 percent in the previous month.

The unemployment rate trend for the 15-74 age groups was 8.9 percent in January.

Data showed that the employment rate came in at 61.4 percent, unchanged from December.

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