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84038
Increased youth labour force participation
statistikk
2012-08-02T10:00:00.000Z
Labour market and earnings;Labour market and earnings;Immigration and immigrants
en
aku, Labour force survey, LFS, labour market, employees, unemployed, economically active, labour force, labour force status, employees by industry, underemployment, part-time work, hours of work, temporary staffUnemployment , Employment , Labour market and earnings, Labour market and earnings, Immigration and immigrants
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Labour force survey, Q2 2012

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Increased youth labour force participation

The labour force participation among persons between 15 and 24 years increased from 56.6 per cent in the 2nd quarter of 2011 to 59 per cent in the 2nd quarter of 2012. The labour force participation increased both among men and women in that age group.

Labour force and employed persons. Seasonally-adjusted figures and trend figures, three-month moving average in 1 000. 2006-2012

The share of labour force participants aged 15-74 years was 72.1 per cent in the 2nd quarter of 2012, up 0.4 percentage points from the same quarter of 2011. The labour force participation among men aged 15-74 years was 75 per cent in the 2nd quarter of 2012, up 0.8 percentage points from the 2nd quarter of 2011. However, among women in the same age group, the share remained unchanged at 69.1 per cent during the same period.

66 000 more employees last year

The number of employees increased by 28 000 women and 38 000 men from the 2nd quarter of 2011 to the 2nd quarter of 2012. The strongest increase happened among those less than 25 years, mainly in the form of part-time employment. Most of the part-time employees in this age group are studying. From the 2nd quarter of 2011 to the 2nd quarter of 2012, the number of full-time employees increased by 47 000. The growth was equally distributed among men and women. The growth in part-time employment, however, came almost exclusively among men.

Seasonally adjusted figures: Stable labour market

Adjusted for seasonal variations, the number of employed persons increased by 13 000 from the 1st quarter of 2012 to the 2nd quarter of 2012. This is within the Labour Force Survey (LFS) margin of error. The unemployment rate was 3 per cent of the labour force in the 2nd quarter of 2012, down 0.1 percentage points from the 1st quarter of 2012. This is also within the margin of error. Adjustments for seasonal variations allow for the analysis of underlying developments in the labour market. Seasonally-adjusted figures are presented in a separate article .

Unemployed (LFS), registered unemployed and registered employed plus government measures to promote employment. Seasonally-adjusted figures, three- month moving average in 1 000. 2006-2012

Reduced long-term unemployment

Long-term unemployed are persons who have been unemployed for more than 26 weeks. Of the 89 000 unemployed in the 2nd quarter of 2012, 25 per cent was long-term unemployed. In the 2nd quarter of 2011, the corresponding share was 33 per cent. The number of unemployed decreased by 6 000 during the same period, and this decrease happened among women.

Stable number of underemployed

In this years 2nd quarter, 73 000 were underemployed persons - corresponding to 11 per cent of the part-time employees. This was more or less unchanged compared to the 2nd quarter of 2011. Underemployed are part-time employed who have tried to find more work.

The time the 73 000 underemployed wanted to work extra in the 2nd quarter of 2012 corresponded to 27 000 full-time jobs. Adding the time that the unemployed wanted to work that quarter, the work wanted by these two groups corresponded to 104 000 full-time jobs.

The labour force is the sum of employed and unemployed persons between 15-74 years of age. From the 2nd quarter of 2011 to the 2nd quarter of 2012, the LFS shows that employment rose by 66 000 persons and unemployment decreased by 6 000 persons. This gives an increase in the labour force of 60 000 persons. In the same period, the population aged 15-74 increased by 63 000 persons. The labour force participation rate somewhat increased.

Coherence between the concepts

Unemployed + Employed = Labour force

Labour force + Outside the labour force = Population

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