Employment continued to rise in May

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The unemployment rate also fell to its lowest level since March-April 2008.

According to Statistics Finland, the employment rate has continued to rise. Image: Aalto Puutio/Yle

The employment rate rose and unemployment continued to fall in May according to Statistics Finland. Employment increased by 73.9% and unemployment fell to 6.1%.

According to the digital computing agency, there were 61,000 more people employed than in May last year. The change in unemployment from May this year to last year was 68,000.

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Economist Juho Keskinen of the credit institution Hypo pointed out that the unemployment rate had now fallen to as low as it was in March-April 2008. He added that the last time unemployment rates were lower was in May 1991.

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