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 - Tuesday 24 September 2024 05:00

Previous
7.9%
Revised
-
Actual
7.5%

Next event - Tuesday 22 October 2024 05:00

Previous
-
Actual
-

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

Trading range

Announcement history

The most recent announced value for Unemployment Rate was 7.5%.

Past events

Date
Actual
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%
Tuesday 25 January 2022 06:00
7%
Tuesday 21 December 2021 06:00
6.9%
Tuesday 23 November 2021 06:00
7.1%
Tuesday 26 October 2021 05:00
7.6%

Economic context

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

PreviousLatest
Producer Price Index (MoM)Bearish change0.7%0.6%
Producer Price Index (YoY)Bearish change-2.2%-2.3%
HCOB Composite PMIBullish change48.949.6
HCOB Composite PMIBullish change47.247.5
HCOB Services PMI(no change)50.650.6
HCOB Services PMIBullish change54.657
Unemployment Rate(no change)6.4%6.4%
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.3%0.1%
Core Harmonized Index of Consumer Prices (YoY)Bearish change2.8%2.7%
Harmonized Index of Consumer Prices (MoM)Bearish change0.1%-0.1%
Harmonized Index of Consumer Prices (YoY)Bearish change2.2%1.8%
HCOB Manufacturing PMIBullish change40.340.6
HCOB Manufacturing PMIBearish change49.448.3
HCOB Manufacturing PMIBullish change50.553
Consumer Price Index (MoM)Bullish change-0.1%0%
Consumer Price Index (YoY)Bearish change1.9%1.6%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.2%-0.1%
Harmonized Index of Consumer Prices (YoY)Bearish change2%1.8%
Consumer Price Index (EU Norm) (YoY)Bearish change1.2%0.8%
Consumer Price Index (YoY)Bearish change1.1%0.7%
Business ClimateBearish change-0.62-0.76
Consumer Confidence(no change)-12.9-12.9
Economic Sentiment IndicatorBearish change96.596.2
Unemployment ChangeBearish change2K17K
Unemployment Rate s.a.(no change)6%6%
Harmonized Index of Consumer Prices (YoY)Bearish change2.4%1.7%
Gross Domestic Product (QoQ)(no change)0.8%0.8%
Consumer Price Index (EU norm) (YoY)Bearish change2.2%1.5%
GfK Consumer Confidence SurveyBullish change-21.9-21.2
IFO – Business ClimateBearish change86.685.4
IFO – Current AssessmentBearish change86.484.4
IFO – ExpectationsBearish change86.886.3
HCOB Composite PMIBearish change5148.9
HCOB Manufacturing PMIBearish change45.844.8
HCOB Services PMIBearish change52.950.5
HCOB Composite PMIBearish change48.447.2
HCOB Manufacturing PMIBearish change42.440.3
HCOB Services PMIBearish change51.250.6
HCOB Composite PMIBearish change53.147.4
HCOB Manufacturing PMIBullish change43.944
HCOB Services PMIBearish change5548.3

About Unemployment Rate

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