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Finland – Unemployment rose sharply among highly-educated

Unemployment rose sharply among highly-educated people in Finland last year, according to figures released by the central statistics office on Tuesday. Finland

Joblessness among those with tertiary-level degrees climbed by some 30 percent between 2012 and 2013, says Statistics Finland. While more people in Finland overall were looking for work, this group expanded the most quickly.

The largest spikes in joblessness among the well-educated were in the natural sciences and technology sectors – reflecting massive job cuts by Nokia and other firms in the IT branch. The tech sector has been shedding jobs since 2009.

Lowest unemployment in health and welfare

In general, the highest levels of unemployment among university graduates were in the arts and humanities, with 11 percent looking for work. The picture was brightest in the health and welfare sector, where just 2.8 percent were jobless.

Chosen excerpts by Job Market Monitor. Read the whole story at Spike in job-seeking university grads | Yle Uutiset | yle.fi.

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