44
Finland
Q4 2021
Total Labor Force (000s)
2,734
Employed Workers (000s) 2,570
Unemployed Workers (000s) 164
Unemployment Rate 6.0%
2,642
2,500
2,531
2,495
2,570
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
5.9%
8.1%
7.4%
8.1%
6.0%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
77% - First Vaccine Dose
(December 2021)
Covid Update
It is proposed that all
workers in the health and
social care sector will
need to have been
vaccinated early in the
new year.
21% 20%
24%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Finland Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$4,216
$4,059
$10.62
$0
$5
$10
$15
$0
$2,500
$5,000
$7,500
Average Wage Manufacturing
Wage
Minimum Wage
Finland Regional Average
Year on year wage inflation in June '21 was 8.2%.
Over 81K open job vacancies in October '21.
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
Hiring Demand Trend by Experience Level
TalentNeuron
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
https://ec.europa.eu/eurostat
https://stat.fi/
