Finland’s jobless rate held steady in April, after rising in the previous two months, figures from Statistics Finland showed Wednesday.
The unemployment rate came in at 10.3 percent in April, the same rate as in the preceding month. A year earlier, the rate was 9.0 percent.
The latest rate of unemployment was the highest since May 2014, when it marked 10.7 percent.
On a seasonally adjusted basis, the jobless rate rose slightly to 9.6 percent in April from 9.5 percent in March. In the corresponding month last year, the rate was 8.6 percent.
Meanwhile, employment rate climbed to 59.2 percent in April from 58.1 percent in the prior month.
The number of unemployed people increased to 280,000 in April from 272,000 in March. A year ago, the jobless figure totaled 296,000.
The youth unemployment rate, which applies to the 15 to 24 age group came in at 28.6 percent in April, up from 27.7 percent in March.
The material has been provided by InstaForex Company – www.instaforex.com