Employment of recent graduates weakens in Finland

Employment of recent graduates weakened in Finland in 2024, according to Statistics Finland.

Seven per cent of those with master's degrees were unemployed, which is two percentage points more than the previous year.

Finding work was easiest for those with tertiary level degrees and a total of 88 per cent of those with master's degrees from universities and 87 per cent of those with master's degrees from universities of applied sciences (polytechnic institute) found employment.

About 71 per cent of graduates were employed one year after graduation. The share of employed persons fell for the second year in a row.

Those with qualifications in the field of health and welfare found employment easiest in 2024.

About 66 per cent of those with initial vocational qualifications were employed.

Out of the employed persons, 74 per cent were women and 58 per cent were men.

The risk of unemployment was lowest for those with tertiary level education.