Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Finland
LFHUADMAFIM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97,000.00
Year-over-Year Change
31.08%
Date Range
1/1/1988 - 11/1/2023
Summary
The Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Finland measures the unemployment rate among men aged 25 and older in Finland. This metric is a key indicator of the country's overall labor market health and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This unemployment statistic is harmonized across OECD countries to allow for international comparisons. It represents the share of the Finnish male labor force aged 25 and above who are actively seeking work but unable to find jobs.
Methodology
The data is collected through household surveys conducted by Finland's national statistical agency.
Historical Context
Policymakers closely monitor this and other labor market indicators to assess the need for interventions or adjustments to economic policies.
Key Facts
- Finland's male unemployment rate averaged 6.8% in 2022.
- The male jobless rate has declined from a high of 9.2% in 2015.
- Finland has one of the lowest male unemployment levels among OECD countries.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the unemployment rate among Finnish men aged 25 and older, providing insight into the country's overall labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a crucial metric for assessing the health of Finland's economy and labor force, helping policymakers and economists gauge the need for policy interventions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Finland's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this and other labor market indicators to evaluate the need for adjustments to economic policies and interventions.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, providing timely insights into Finland's labor market.
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Finland
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Business Tendency Surveys: Export Order Books or Demand: Economic Activity: Manufacturing: Current for Finland
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Finland (LFHUADMAFIM647S), retrieved from FRED.