Finland's unemployment rate among the 15-74 age groups rose to 10.5 percent in May from 10.2 percent in April. Further, this was the lowest jobless rate since May 2020, when it was 10.9 percent. The number of unemployed people rose to 308,000 in May from 288,000 in the previous month.
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According to a report released by the Federal Reserve Bank of New York on Monday, New York manufacturing activity fell for a fourth consecutive month in June. The New York Fed said its general business conditions index slid to a negative 16.0 in June from a negative 9.2 in May, with a negative reading indicating contraction. Economists had expected the index to climb to a negative 5.5.
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