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Sudden Drop in Job Listings

The number of available jobs in Finland dropped significantly at the end of last year. Statistics Finland reports that 27,800 jobs were on the market in the last quarter of 2008. This is a decline of 27 percent compared to the fourth quarter of 2007.

Image: YLE

Jobs disappeared particularly in industrial, construction, retail, and business-service sectors. In addition, an increasing percentage of the positions available were either on a part-time or temporary basis. Private sector jobs decreased to 64 percent of open jobs.

The average number of open jobs for the whole year was about the same when compared to the annual average in 2007, but an early spike was balanced out by the Q4 slump.

Statistics Finland's report is based on a sampling of private and public employers.

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