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Finland's employment rate has shown a steady upward trend over the past decade, reaching 72.1 percent in 2024. The employment rate increased steadily from around 68 percent in 2015 to 73.6 percent in 2023.

Unemployment trends and gender disparities

While employment rates have generally improved, unemployment remains a concern. In 2023, Finland reported 204,000 unemployed individuals, an increase of 14,000 from the previous year. The unemployment rate in Finland stood at 7.2 percent in 2023, down from its peak of 9.6 percent in 2015. Notably, a gender gap persists in unemployment, with men experiencing a 1.4 percent higher unemployment rate (7.9 percent) compared to women (6.5 percent) in 2023.

Gender equality in the workforce

In 2023, Finland demonstrated a unique aspect of its labor market, with women slightly outpacing men in employment rates. Women's employment rate stood at 74.1 percent, compared to 73.1 percent for men. This narrow gap highlights Finland's progress in workplace gender equality, with the country's female employment rate consistently surpassing the EU average. The employment rates across different age groups varied, with the highest rates observed among 45- to 54-year-olds and 35- to 44-year-olds.