Video: Is there light at the end of Finland's unemployment tunnel?
Although the unemployment rate remains stubbornly above 10 percent, open vacancies are increasing and employment levels are stabilising.
Finland's unemployment rate has plummeted to the lowest in the EU since the beginning of the year, remaining above 10 percent. There were 289,000 jobless individuals in Finland last month, with a significant rise in the number of women seeking employment. Despite the gloomy outlook, there are signs of a potential economic rebound and job market improvement.
The number of job vacancies advertised by employers has increased for the first time in over four years on a quarterly basis. Finnish economists suggest a recovery may be imminent. The employment ministry predicts a long-term improvement in the joblessness situation, with a return to robust growth expected in 2027 and 2028. After years of unemployment concerns, there may finally be light at the end of Finland's unemployment tunnel for jobseekers.
Written by urgent.news from Yle News Finland's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
