Financial News: Finland Jobless Rate Rises To 7.9%, Highest In

Finland Jobless Rate Rises To 7.9%, Highest In 11 Months

05/24/2023 - 03:40:00 (RTTNews)

(RTTNews) - Finland's unemployment rate increased further in April to the highest level in nearly a year, figures from Statistics Finland showed on Wednesday.

The jobless rate climbed to 7.9 percent in April from 6.9 percent in March. In the same month last year, the unemployment rate was also 6.9 percent.

Moreover, this was the highest unemployment rate since May 2022, when it was also 7.9 percent.

The number of unemployed people rose to 222,000 in April from 193,000 in the previous month.

The youth unemployment rate, which is for people aged 15 to 24, also rose to an 11-month high of 22.6 percent from 18.1 percent.

The unemployment rate trend for the 15-74 age group was 6.7 percent in April.

Meanwhile, the employment rate edged down to 63.2 percent in April from 63.3 percent in the previous month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Construction Work Done Increases 1.8% In Q1 (01 hr(s), 28 min(s), 38 sec(s) ago)
(RTTNews) - The total value of construction work done in Australia was up a seasonally adjusted 1. ...Full Story»

Australia Private Sector Credit Climbs 0.6% In April (01 hr(s), 34 min(s), 38 sec(s) ago)
(RTTNews) - Private sector credit in Australia was up 0.6 percent on month in April, the Reserve B ...Full Story»

China Manufacturing PMI Slides In May - NBS (01 hr(s), 43 min(s), 38 sec(s) ago)
(RTTNews) - The manufacturing sector in China continued to contract in May, and at a faster rate, ...Full Story»

Japan Retail Sales Climb 5.0% On Year In April (02 hr(s), 58 min(s), 38 sec(s) ago)
(RTTNews) - The total value of retail sales in Japan was up 5.0 percent on year in April, the Mini ...Full Story»

Japan Industrial Production Falls 0.4% In April (03 hr(s), 04 min(s), 38 sec(s) ago)
(RTTNews) - Industrial production in Japan was down a seasonally adjusted 0.4 percent on month in ...Full Story»

South Korea Industrial Production Slumps In April (03 hr(s), 36 min(s), 38 sec(s) ago)
(RTTNews) - Industrial production in South Korea was down a seasonally adjusted 1.2 percent on mon ...Full Story»

Japan Industrial Production Data Due On Wednesday (05 hr(s), 20 min(s), 38 sec(s) ago)
(RTTNews) - Japan will on Wednesday release April figures for industrial production, headlining a ...Full Story»

Spain Inflation Eases Unexpectedly To Lowest In 22 Months (12 hr(s), 51 min(s), 38 sec(s) ago)
(RTTNews) - Spain's consumer price inflation eased unexpectedly in May to the lowest level in ...Full Story»