1889
/en/arbeid-og-lonn/statistikker/aku/arkiv
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Higher participation rate among elderly
statistikk
2007-10-31T10:00:00.000Z
Labour market and earnings;Labour market and earnings;Immigration and immigrants
en
aku, Labour force survey, LFS, labour market, employees, unemployed, economically active, labour force, labour force status, employees by industry, underemployment, part-time work, hours of work, temporary staffUnemployment , Employment , Labour market and earnings, Labour market and earnings, Immigration and immigrants
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Labour force surveyQ3 2007

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Higher participation rate among elderly

From the third quarter of 2006 to the third quarter of 2007, the labour force participation rate increased by 2.3 percentage points among people aged 55-66 years. For the population aged 15-74, the labour force participation rate rose by 0.7 percentage points.

Seasonally adjusted figures: Stable unemployment rate

Adjusted for seasonal variations, the unemployment rate remained stable from the second quarter of 2007 to the third quarter of 2007.

Adjustments for seasonal variations allow for the analysis of current developments in the labour market, and serve as an alternative to comparisons with the corresponding quarter in the previous year. Seasonally adjusted figures are presented in a separate article .

From the third quarter of 2006 to the third quarter of 2007, employment rose by 78 000. The number of people in full-time employment increased by 90 000, while the number of people in part-time employment fell by 13 000. Average settled working hours were 34.7 hours per week, compared with 34.5 in the third quarter of 2006. Average settled working hours for men were 37.7 hours per week, compared with 31.3 hours for women.

Higher labour force participation for the elderly

The labour force (the sum of employment and unemployment) increased by 58 000 people from the third quarter of 2006 to the third quarter of 2007. In the same period, the working-age population (aged 15-74) rose by 48 000. The proportion of 55-66 year-olds in the labour force increased from 63.3 to 65.6 per cent. The labour force participation rate for women rose by 1.0 percentage point, compared with 0.4 percentage points for men.

Workforce, employed and man-weeks worked. Seasonally adjusted figures in 1 000

Growth in construction

From the third quarter of 2006 to the third quarter of 2007, employment increased by 13 000 in construction. This is a growth of nearly 8 per cent.

From the third quarter of 2006 to the third quarter of 2007, there was a considerable increase in employment in education. Some of this growth was caused by registrations of people in this industry instead of in the health and social work industry. Increased use of employees on temporary contracts also explains part of the growth in education.

Number of employees on temporary contracts unchanged

238 000 were on temporary contracts in the third quarter of 2007. This was more or less unchanged from the third quarter of 2006. Hotels and restaurants have the highest share of employees on temporary contracts, with 21.3 per cent. Education and health and social work are also industries with a high share of employees on temporary contracts with 14.9 per cent. Transport and communication (5.6 per cent) and manufacturing (6.6 per cent) had the lowest shares of temporary employees.

Unemployed (LFS), registered unemployed and registered employed + public sector job creation programmes. Seasonally adjusted figures in 1 000

Unemployment fell by 20 000

According to the LFS, the number of unemployed fell by 20 000 from the third quarter of 2006 to the third quarter of 2007. The decline mainly took place in the age group 25-54 years, where the unemployment fell by 15 000. The unemployment rate stood at 2.5 per cent. The number of registered unemployed with the Labour and Welfare Organisation showed a decline of 16 000 over the same period.

The proportion of long-term unemployed - defined as persons who have been unemployed for at least six consecutive months - was 25 per cent in the third quarter of 2007, down 6 percentage points from the third quarter of 2006. The reduction in unemployment has come both among people who have been unemployed for shorter periods as well as the long-term unemployed. However, the relative reduction was largest among the long-tem unemployed.

The number of underemployed unchanged

Underemployment is employees with part-time as settled working hours who want to work more hours. The number of underemployed was 104 000 in the third quarter of 2007, about the same as in the third quarter of 2006. In the third quarter of 2007, the underemployed represented about 17 per cent of all part-time employees.

When accounting for the fact that many unemployed and most underemployed are looking for less than full-time work, these two groups together wanted work equivalent to a total of 90 000 full-time positions in the third quarter of 2007 - 20 000 less than in the third quarter of 2006.

(1) The figures for underemployment in 2006 and 2007 are incorrect. More information is available here .

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