BUSINESS Unemployment rate remains high in Finland: stats

BUSINESS

Unemployment rate remains high in Finland: stats

Xinhua

21:12, August 25, 2020

HELSINKI, Aug. 25 (Xinhua) -- The unemployment rate in Finland remained high in July to stand at 7.7 percent, while in July 2019 it had been 6.0 percent, Statistics Finland reported in a press release on Tuesday.

000_1UL6HE.jpg

People demonstrate on July 4, 2020 in Lannion, Brittany, to propest after Finland's telecommunication company Nokia announced jobs cut. (Photo: AFP)

According to the statistical agency, 73.2 percent of the Finnish residents aged between 15 and 64 were employed in July, while one year ago the portion was 74.5 percent.

It gave the number of the unemployed in July as 216,000 -- 47,000 more than one year earlier.

Local commentators noted that the unemployment situation remains a divisive issue in Finland.

Prime Minister Sanna Marin and her Social Democratic Party on Monday took up the possibility of reducing the legal working hours without cutting back salaries. Marin said that measures to boost employment must not increase inequality in Finland.

Under the current coalition program, the cabinet is to facilitate the creation of 30,000 new jobs this autumn, but statements from within the coalition have differed.

In the coalition partner, the Center Party, there has been willingness to create "incentives to accept work" through weakening unemployment benefits. However, in her policy speech on Monday, Marin especially mentioned that her government has repealed the "activation measures" of the previous government. 

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue