The past year was exceptionally gloomy in terms of employment as a result of the corona pandemic.
According to Statistics Finland, there were already about 50,000 more unemployed in Finland in July than at the same time last year.
During the crisis that began in March, unemployment rates have risen and the number of job vacancies has plummeted.
The crisis seems to have hit young Helsinki workers particularly hard.
A report completed in November by the City of Helsinki's Business Department shows that in 2020, the number of unemployed young people increased by as much as 111 per cent in the under-25 age group and by 96 per cent in the 25-29 age group.
The figures are inconsolable, especially as the number of unemployed people under the age of 25 had fallen by about 10% in the previous year, and the number of people aged 25-29 even more.
Before the crown, last year had also started bright for employment.
- Now the statistics speak harsh language: as unemployment among the under-30s has risen, the number of job vacancies has fallen.
The sharpest growth has taken place in the groups of unemployed people aged 20–24 and 25–29 in Helsinki, says Ilkka Haahtela, Director of Immigration and Employment Affairs at the City of Helsinki.
Throughout Finland, the pandemic has hit the service and sales sectors the hardest, especially the nutrition sector.
In Helsinki, the proportion of women among the young unemployed has increased slightly.
We want help to eradicate youth unemployment from a municipal experiment starting at the beginning of March, in which 50,000 unemployed people from Helsinki will be transferred to the City of Helsinki's employment services.
As a result, the unemployed will have the opportunity to apply for, for example, wage support, which is believed to help the long-term unemployed in particular to find employment.
Haahtela reminds that unemployment will be costly for Helsinki taxpayers.
- Right now, flexibility, ingenuity and innovation are needed in solving the employment challenge that is shaking our entire society, and we are going to study and develop these elements with the municipal experiment.
Last year alone, Helsinki has to pay a bill of EUR 75 million due to labor market support co-financed by the municipality.
This bill is paid by every Helsinki resident.
In addition, it must be remembered that this is only 50–70 per cent of the total amount that unemployment, especially when it lasts longer, costs Finnish society, Haahtela states.