Unemployment Rate

The Unemployment Rate released by the Statistics Finland is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Finnish economy. If the rate is up, it indicates a lack of expansion within the Finnish labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).

Most recent - Friday 24 January 2025 06:00

Previous
9%
Revised
-
Actual
8.9%

Next event - Tuesday 25 February 2025 06:00

Previous
8.9%
Actual
-

The typical/expected market impact of this event is low.

Trading range

Announcement history

The most recent announced value for Unemployment Rate was 8.9%.

Past events

Date
Actual
Friday 24 January 2025 06:00
8.9%
Monday 23 December 2024 06:00
9%
Tuesday 26 November 2024 06:00
8.1%
Tuesday 22 October 2024 05:00
8.1%
Tuesday 24 September 2024 05:00
7.5%
Tuesday 20 August 2024 05:00
7.9%
Tuesday 23 July 2024 05:00
8.3%
Wednesday 26 June 2024 05:00
10.2%
Wednesday 22 May 2024 05:00
9.2%
Wednesday 24 April 2024 05:00
9%
Tuesday 26 March 2024 06:00
7.7%
Tuesday 20 February 2024 06:00
7.7%
Thursday 25 January 2024 06:00
7.6%
Friday 22 December 2023 06:00
7.6%
Tuesday 21 November 2023 06:00
7.5%
Tuesday 24 October 2023 05:00
7.3%
Tuesday 26 September 2023 05:00
7.2%
Tuesday 22 August 2023 05:00
7.2%
Tuesday 25 July 2023 05:00
7.1%
Tuesday 20 June 2023 05:00
6.9%
Wednesday 24 May 2023 05:00
6.7%
Wednesday 26 April 2023 05:00
6.6%
Tuesday 21 March 2023 06:00
6.8%
Tuesday 21 February 2023 06:00
7%
Friday 27 January 2023 06:00
6.9%
Tuesday 20 December 2022 06:00
6.7%
Tuesday 22 November 2022 06:00
6.9%
Tuesday 25 October 2022 05:00
7.2%
Tuesday 20 September 2022 05:00
7.1%
Tuesday 23 August 2022 05:00
6.8%
Tuesday 26 July 2022 05:00
6.4%
Tuesday 21 June 2022 05:00
6.1%
Tuesday 24 May 2022 05:00
6.2%
Monday 2 May 2022 05:00
6.6%
Tuesday 22 March 2022 06:00
6.8%
Tuesday 22 February 2022 06:00
7%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.5%-1%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)Bearish change0.4%-0.3%
Harmonized Index of Consumer Prices (YoY)Bullish change2.4%2.5%
Consumer Price Index (EU Norm) (YoY)Bullish change1.4%1.7%
Consumer Price Index (YoY)Bullish change1.3%1.5%
HCOB Manufacturing PMIBullish change44.145
HCOB Manufacturing PMIBullish change46.246.3
HCOB Manufacturing PMIBearish change53.350.9
Consumer Price Index (MoM)Bearish change0.5%-0.2%
Consumer Price Index (YoY)Bearish change2.6%2.3%
Harmonized Index of Consumer Prices (MoM)Bearish change0.7%-0.2%
Harmonized Index of Consumer Prices (YoY)(no change)2.8%2.8%
Unemployment ChangeBearish change10K11K
Unemployment Rate s.a.Bearish change6.1%6.2%
Consumer Price Index (EU norm) (YoY)(no change)1.8%1.8%
Retail Sales (MoM)Bearish change-0.1%-1.6%
Retail Sales (YoY)Bearish change2.9%1.8%
Business ClimateBearish change-0.91-0.94
Consumer Confidence(no change)-14.2-14.2
Economic Sentiment IndicatorBullish change93.795.2
Gross Domestic Product s.a. (QoQ)Bearish change0.4%0%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%
Unemployment RateBearish change6.2%6.3%
Gross Domestic Product (QoQ)Bearish change0.1%-0.2%
Gross Domestic Product (YoY)Bullish change-0.3%-0.2%
Gross Domestic Product w.d.a (YoY)Bearish change0.1%-0.4%
Gross Domestic Product (QoQ)(no change)0%0%
Gross Domestic Product (YoY)Bullish change0.4%0.5%
Harmonized Index of Consumer Prices (YoY)Bullish change2.8%2.9%
Gross Domestic Product (QoQ)Bearish change0.4%-0.1%
Gross Domestic Product - Estimated (QoQ)(no change)0.8%0.8%
GfK Consumer Confidence SurveyBearish change-21.4-22.4
IFO – Business ClimateBullish change84.785.1
IFO – Current AssessmentBullish change85.186.1
IFO – ExpectationsBearish change84.484.2
HCOB Composite PMIBullish change49.650.2
HCOB Manufacturing PMIBullish change45.146.1
HCOB Services PMIBearish change51.651.4
HCOB Composite PMIBullish change4850.1
HCOB Manufacturing PMIBullish change42.544.1
HCOB Services PMIBullish change51.252.5
HCOB Composite PMIBullish change47.548.3
HCOB Manufacturing PMIBullish change41.945.3
HCOB Services PMIBearish change49.348.9
Consumer ConfidenceBullish change-14.5-14.2

About Unemployment Rate

Country:Finland
Currency:EUR
Source:Statistics Finland
Category:Labor Market
Frequency:Monthly
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