Finnish Jobless Rate Continues to Climb as Economy Stays Subdued

Finland posted another set of dire labor-market figures, with the European Union’s worst unemployment hitting levels previously seen during the first wave of the Covid-19 pandemic.

The headline jobless rate rose to 10.9% in February, the most in almost six years, data from Statistics Finland showed on Tuesday. The trend jobless rate, adjusted for seasonal variation, rose to 10.5%, matching the revised level from November when it had hit the highest in the 2000s.