News release 20 June 2023 – 7/2023

Unemployment funds 2022: earnings-related daily allowance expenditure, total number of allowance days and number of daily allowance beneficiaries continued to decrease

In 2022, a total of EUR 1.8 billion in earnings-related daily allowances was paid. Unemployment funds saw a decrease of 26% from the previous year both in expenditures for earnings-related daily allowances and in the total number of allowance days paid. Earnings-related daily allowance expenditures and the number of allowance days paid decreased in all 18 funds. The number of beneficiaries of daily allowances also decreased in all the funds. The daily allowance expenditures of the Entrepreneur Fund and the number of allowance days paid decreased by 20% and the number of beneficiaries of daily allowances decreased by 9%.

The processing times of applications for daily unemployment allowance were relatively stable. The processing times of approved applications for full daily unemployment allowance peaked in the first quarter at ten days on average. The average processing time across all funds in 2022 was nine days.

The number of members in the wage-earner funds decreased by around 6,500, while the number of members in the Entrepreneur Fund fell by slightly more than 1,500 members.

The data presented are based on the FIN-FSA’s Finnish-language annual online release on unemployment funds – Työttömyyskassat 2022.

For more information, please contact

Dima Matjushin, Information Specialist, tel. +358 9 183 5588.

Appendix

Työttömyyskassat 2022 (in Finnish, pdf and Excel tables)