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Finland Jobless Rate Rises In October
11/24/2009 2:18 AM ET
(RTTNews) -
Tuesday, the Statistics Finland announced that the jobless rate stood at 8.2% in October, up from a 5.8% recorded a year ago. Economists expected the jobless rate to be 8.1%. In September, the jobless rate was 7.3%.
The number of unemployed totaled 215,000 persons in October, larger than the 155,000 unemployed persons in the previous year. At the same time, the number of employed decreased to 2.4 million from 2.52 million last year.
Meanwhile, the labor force participation rate stood at 64.9% in October, down from 66.7% in September.
by RTT Staff Writer
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