World Economy

Finland Jobless Rate Stable

Finland Jobless Rate StableFinland Jobless Rate Stable

Finland’s jobless rate held steady in April, after rising in the previous two months, figures from Statistics Finland showed Wednesday, RTT News reported. The unemployment rate came in at 10.3% in April, the same rate as in the preceding month. A year earlier, the rate was 9.0%. The latest rate of unemployment was the highest since May 2014, when it marked 10.7%. On a seasonally adjusted basis, the jobless rate rose slightly to 9.6% in April from 9.5% in March. In the corresponding month last year, the rate was 8.6%. Meanwhile, employment rate climbed to 59.2% in April from 58.1% in the previous month. The number of unemployed people increased to 280,000 in April from 272,000 in March.