Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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44 February, 2021 Finland Total Workforce (000s) Dec'20 2,708 Unemployed Workers (000s) 211 Unemployment Rate 7.8% Youth Unemployment Rate 20.0% 1,122 2,804 1,228 53 312 21 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 1,349 1,319 1,302 1,311 1,329 6.2% 6.5% 7.6% 9.0% 7.7% 1,249 1,238 1,226 1,204 1,221 5.9% 5.5% 6.6% 8.7% 7.6% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 63.6% 62.3% 62.2% 63.5% 63.6% 56.1% 55.3% 55.3% 55.5% 55.6% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Participation Rate Female Participation Rate 7% of the population of Finland is foreign born. 70K Finns have emigrated. The unemployment gap between foreign born and native born populations was 5.5 percentage points in 2019. 85% of the population live in urban areas. Finland has implemented concessions for migrant workers with a residence permit to enable a of change employer or sector. 750 Covid-19 deaths. With a few restrictions, only Finnish residents and people travelling from a select list of low risk countries are able to enter Finland. A negative Covid-19 test and mandatory quarantine is required. Lockdown is due to be imposed from March 8-28. Schools up to year 6 are open. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands Key Sources: https://www.ilo.org/ https://data.worldbank.org/ https://migrationdataportal.org/ https://www.un.org/development/desa/pd/ https://vivoclinic.com/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html https://yle.fi/uutiset/osasto/news/finland_announces_march_shutdown/11808835 http://www.oecd.org/coronavirus/policy-responses/managing-international-migration-under-covid-19-6e914d57 https://pxnet2.stat.fi/PXWeb/pxweb/en/StatFin/StatFin__tym__tyti__kk/statfin_tyti_pxt_11af.px/table/tableViewL ayout1/

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