Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Finnish Joblessness Rises More Than Estimated Amid Recession

Feb. 26 (Bloomberg) -- Finland’s unemployment rate jumped more than estimated last month, reaching an eight-month high, as companies respond to a drop in demand by cutting staff.

The jobless rate, which isn’t adjusted for seasonal variations, rose to 8.7 percent in January from 6.9 percent in December, Helsinki-based Statistics Finland said on its website today. Estimates by three economists surveyed by Bloomberg ranged from 7.8 percent to 8.3 percent.

Finland, which fell into a recession in the first half of last year, is grappling with sinking demand in the euro area as the 17-nation bloc faces a second year of contraction. Manufacturers in the northernmost euro member are resorting to cuts to stay profitable. Finland exports about a third of its output, much of which goes to the single-currency zone.

The number of people without jobs increased by 25,000 in a year to 228,000, the statistics office said.

To contact the reporter on this story: Kati Pohjanpalo in Helsinki at

To contact the editor responsible for this story: Tasneem Brogger at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.