The number of persons in the labour force in the 4th quarter of 2016 was 196,700 corresponding to an activity rate of 83%. The number of employed persons was 191,700 while unemployed persons were 5,000. The employment rate was 80.9% and the unemployment rate was 2.5%. From the 4th quarter of 2015 the number of employed persons has increased by 8,400 and the employment rate increased by 1.9 percentage points. At the same time the number of unemployed persons decreased by 900 and the unemployment rate fell by 0.6 points. The unemployment rate among females was 2.7% and 2.4% among males.
Long-term unemployment rate 7%
Those who have been unemployed for 12 months or more in 4th quarter of 2016 were 300 or 0.2% of the total labour force and 7% of the total unemployed. In the 4th quarter of 2015 long term unemployed persons were 900 or 0.5% of the labour force and 15.5% of the total unemployed. The number of people in long-term unemployment has not been this low since the end of year the 2008.
Persons are classified as unemployed when they have no employment, are actively seeking a job and could start working within two weeks or have found a job which starts within 3 months. Students who are not employed and fulfil this criteria are considered unemployed. People are classified as working (employed) if they worked one hour or more in the reference week or were absent from work they usually carry out.
Average working hours
In the 4th quarter of 2016 the average number of persons at work in the reference week was 176,400, or 74.4% of the population and 92% of all in employment. The average number of working hours of those who were at work was 39.2 hours, 44.5 hours for those in full-time employment and 23.2 hours for those in part-time employment.
Labour market statistics, 4th quarter 2016 - Statistical Series