Now came stark numbers about young adults
Increasing numbers of young adults in Finland are at risk of poverty or social exclusion, according to official statistics.
Recent statistics released by Statistics Finland reveal a troubling trend among young adults aged 18-29, where over one-third are at risk of poverty or social exclusion in 2024. This marks an increase of 56,000 individuals from the previous year. Kaisa-Mari Okkonen, a senior statistics analyst, highlighted that the percentage of young adults at risk has grown nearly 10 percentage points since 2018, emphasizing the escalating concerns surrounding youth welfare in Finland.
Particularly alarming is the increase in risk among young singles, with 54 percent of those under 35 living alone now categorized as at risk of poverty or exclusion. This figure has risen from 39 percent in 2018, indicating a growing vulnerability among individuals in this demographic. The overall risk of poverty or social exclusion affected 17.3 percent of the household population, accounting for approximately 958,000 individuals in 2024, representing an increase of 28,000 from the previous year.
The rise in poverty and exclusion risk primarily affects those aged 18-49, while there has been a decrease noted in other age groups. These statistics not only reflect the current socio-economic challenges faced by Finland's younger population but also raise critical questions regarding the supports and interventions necessary to prevent this troubling trend from continuing, underscoring the need for policies targeting youth and young adults in Finland.