Financial News: Finland Jobless Rate Rises To 10.5%, Highest In

Finland Jobless Rate Rises To 10.5%, Highest In 5 Years

06/25/2025 - 06:58:00 (RTTNews)

(RTTNews) - Finland's unemployment rate increased in May to the highest level in five years, figures from Statistics Finland showed on Wednesday.

The jobless rate among the 15-74 age groups rose to 10.5 percent in May from 10.2 percent in April.

Further, this was the lowest jobless rate since May 2020, when it was 10.9 percent.

In the same month last year, the unemployment rate was 10.2 percent.

The number of unemployed people rose to 308,000 in May from 288,000 in the previous month.

The youth unemployment rate, which is for people aged 15 to 24, climbed to a 1-year high of 28.1 percent in May from 27.2 percent in the previous month.

The unemployment rate trend for the 15-74 age groups was 8.8 percent in May.

Data showed that the employment rate came in at 63.0 percent, up from 62.2 percent in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Russia Slashes Interest Rates Again On Easing Price Pressures (01 hr(s), 56 min(s), 10 sec(s) ago)
(RTTNews) - Russia's central bank lowered the key interest rate massively for a second policy ...Full Story»

UK Retail Sales Rebound As Warm Weather Boosts Spending (03 hr(s), 23 min(s), 10 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted consumer spending but consum ...Full Story»

Eurozone Bank Lending Growth Improves (04 hr(s), 16 min(s), 10 sec(s) ago)
(RTTNews) - Eurozone bank lending increased at a faster pace in June despite trade tariff concerns ...Full Story»

Russia Central Bank Cuts Interest Rate By 200 Bps (05 hr(s), 17 min(s), 10 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate by 200 basis points on Friday cit ...Full Story»

German Business Sentiment Strongest In More Than A Year (05 hr(s), 55 min(s), 10 sec(s) ago)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story»

French Consumer Sentiment Improves Marginally (06 hr(s), 45 min(s), 10 sec(s) ago)
(RTTNews) - French consumer confidence improved marginally in July, monthly survey results from th ...Full Story»

Singapore Industrial Production Recovers In June (08 hr(s), 16 min(s), 10 sec(s) ago)
(RTTNews) - Singapore's industrial production growth accelerated in June, figures from Economi ...Full Story»

UK Retail Sales Recover In June (09 hr(s), 13 min(s), 10 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted food and non-food store sale ...Full Story»