The new figures show the sweeping impact of the coronavirus crisis on Finnish society and economy.
The number of people out of work and looking for employment almost doubled in April compared with the year before, as the coronavirus crisis deepened.
The latest statistics, released on Wednesday, paint a stark picture of the impact on society and the economy of the pandemic with rises in total unemployment, long-term unemployment and unemployed people over 50-years old, coupled with a decrease in the number of new job vacancies.
New figures from the Ministry of Employment and Economic Affairs shows that this April there were 433,100 unemployed jobseekers registered at Employment and Economic Development Offices at the end of April – an increase of 203,400 year-on-year.
The number of long-term unemployed people, who have been out of work without interruption for more than a year, was up 4,300 from last April to 67,400 this year; while the number of unemployed jobseekers aged over 50 was up 53,900 compared with the year before to 141,500.
The ministry reports a decrease too in the number of new job vacancies on the marked, down 18,700 in April compared with the year before – although there were still 113,300 unfilled vacancies that month.
Statistics Finland puts the current unemployment rate at 8.1%
Source: newsnowfinland.fi
It’s disheartening to see how the coronavirus crisis has led to such a significant rise in unemployment rates in Finland. The impact on individuals and the economy is truly concerning.
It is truly disheartening to see the devastating impact of the coronavirus crisis on unemployment rates in Finland. The drastic increase in the number of jobseekers highlights the urgent need for support and intervention to mitigate the economic repercussions of the pandemic.
These numbers are truly devastating. It’s heartbreaking to see the significant impact the coronavirus crisis has had on our society and economy. We must come together to support those affected and work towards recovery.
The situation described in the article is very concerning. It’s disheartening to see the significant rise in unemployment rates, especially for jobseekers above 50 years old. Hopefully, the government can implement effective strategies to support those who have been affected the most by the current crisis.
It’s heartbreaking to see how the pandemic has devastated the job market in Finland. The sharp rise in unemployment numbers is alarming, especially for older jobseekers who are facing even more challenges in finding work. We need to come together as a society to support those affected and work towards rebuilding a stronger economy.
The sharp increase in unemployment numbers is truly alarming and reflects the severe impact that the coronavirus crisis has had on the Finnish economy. It’s disheartening to see the struggles faced by jobseekers, especially those over 50 years old. Hopefully, initiatives will be implemented to help alleviate this burden on individuals and society as a whole.
How can the government help jobseekers cope with such a significant increase in unemployment rates?
The government can assist jobseekers by implementing comprehensive unemployment benefits extensions, providing retraining programs to acquire new skills, and fostering job creation through economic stimulus initiatives. It’s crucial for policymakers to prioritize supporting those most affected by the economic downturn to promote a sustainable recovery.
How will the government support the increasing number of long-term unemployed and older jobseekers in this challenging economic climate?
Given the current economic challenges, it is crucial for the government to implement targeted support programs for long-term unemployed individuals and older jobseekers. These initiatives could include specialized training programs, subsidized employment opportunities, and incentives for companies to hire from these vulnerable demographics. By addressing the specific needs of these groups, the government can help mitigate the long-term effects of unemployment on individuals and contribute to a more resilient economy overall.
These figures are truly alarming! It’s heartbreaking to see the devastating impact the pandemic has had on the job market in Finland. My heart goes out to all the jobseekers struggling during these challenging times.
It’s heartbreaking to see how the pandemic is impacting the Finnish job market. The significant rise in unemployment numbers highlights the urgent need for support and intervention to help jobseekers weather this storm.
The increase in unemployment numbers is truly concerning. It’s disheartening to see the impact of the pandemic on Finnish society. Hopefully, with collective efforts, we can work towards improving this situation and supporting jobseekers in need.
These statistics are truly alarming. It’s heartbreaking to see the devastating impact the pandemic has had on people’s livelihoods. My heart goes out to all those affected by the soaring unemployment numbers. Let’s hope for a swift recovery for everyone in this difficult time.
It’s heartbreaking to see the devastating impact the pandemic has had on jobseekers in Finland. The sharp increase in unemployment numbers reflects the challenging times we are facing. My thoughts are with everyone affected by this crisis.