Long-term unemployment continues to decrease in Finland

The number of unemployed job seekers who had been without a job for an uninterrupted period of at least one year dropped by 10,400 year-on-year to 112,200 – to account for roughly a third of all unemployed job seekers. A total of 317,300 people – 33,700 fewer than one year earlier – were registered as unemployed job seekers in March. The statistics also show that under 25-year-old job seekers were less likely to remain unemployed for extended periods of time, with 61.8 per cent of them finding employment no later than three months after their first registration. Almost 60,000 new job vacancies were reported to the TE Offices in March. The total number of unfilled vacancies, in turn, stood at 123,300, representing an increase of 14,600 from March 2016. (Helsinki Times)



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