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Finnish unemployment remains steady as unemployment benefit payment in Sweden also fell

Tuesday, 24 January 2012
Finland's unemployment rate in December was 7.4 percent, the same as the previous month, but down by half a percentage point from a year earlier.

The jobless rate for men was again much higher than that for women, 8.4 percent compared with 6.3 percent. Unemployment among those aged 15 to 24 remained stubbornly high at nearly 17.8 percent. However that was 1.3 percentage points lower than in the previous year’s December.


Finland's jobless rate is still well below the EU average of 10.3 percent, up from 10 percent a year ago.

According to a forecast issued at the end of December by the consultancy Ernst & Young, unemployment in 2012 is to remain at about the same level as last year, just under eight percent.
Mean while in Sweden, fewer people received unemployment disbursements meaning that unemployment benefits payment fell sharply last year.

About 20 percent fewer people in Sweden receive unemployment benefits and the amount decreased by 26 percent to Skr13.1 billion compared with 2010, according to the Inspectorate of Unemployment Insurance Board (IAF).

286,000 people received at some time in the last year unemployment some form of unemployment benefits. The average compensation fell by Skr 2 per day to Skr605 per day.
By Scancomark.se Team

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