Tag: Employment
Finnish companies overwhelmingly support the state's employment measures, it turns out
The government's measures, which include unemployment insurance reforms, increased local bargaining and restrictions on political strikes, have been well received by the business community. Juho RomakkaniemiCEO of the Central Chamber of Commerce, emphasized that these reforms are expected to significantly increase productivity, employment and general Finnish well-being. Similarly, Marja Heinimäki The Riihimäki-Hyvinkää Chamber of Commerce…
The growing concern of Finnish employees about job security in 2024
What is more surprising is that the percentage of those who are worried about their workplace has increased from 19% in September to 24% in January. This change is highlighted by the fact that 29% of the respondents were unemployed in January and 14% had an immediate job loss. A significant factor in this unrest…
The employment law lawyer's criticism of ÖB's newly formed company
Pia Fridén hosts P1 Morgon Saturday. Among other things, there will be talks about Commander-in-Chief Micael Bydén's newly started company, which has raised a lot of questions and criticism. There will also be a debate about the foreign minister's view of the war in Gaza. Listen directly here in SR Play.
The majority of Finns continue to work full-time despite partial early retirement, the study reveals
The study, which was led by ETK researchers, e.g Mia Hakovirta, Milla Salin, Eija Lindroosand Mari Haapanen, followed the income of retirees for a year after the start of partial retirement. It found that about 60% of white-collar workers maintained, varied or even increased their earnings, indicating that they did not reduce their working hours…
Unions increase pressure on the government due to proposed labor market reforms
The country's two largest unions are planning to oppose further cuts in unemployment benefits.
The Finnish workforce is shrinking: Ilmarinen's latest economic index reveals a recession
In December, the number of workers fell 2.8%, a steeper decline than the 2.3% seen in November. It is noteworthy that the only sector with growth was communication and information technology, which grew modestly at 0.5%. The negative development of the Ilmarinen index accelerated in December, which suggests that employment is an indicator lagging behind…
Bridging the employment gap of skilled immigrant women in Finland's STEAM industries
Seema Ganoothe story is an example of the experience of many skilled immigrant women. Ganoo is an electrical engineer from India with 14 years of experience who moved to Vaasa in 2004. His career took a turn as he raised his children in the community, including being involved in the PTA and being a food…
“Finland is a dangerously indebted country,” states Orpo
Orpo claimed that the government has no choice but to agree on new adjustment measures in its upcoming framework session if it is to achieve its goal of reducing the debt burden by six billion euros. The longer the measures are postponed, the more dramatic they will be. Greater financial room for maneuver, the prime…
Strikes will stop work in two key industrial areas in Finland in February
The strike indirectly affects around 7,000 employees. The professional association Pro announced later yesterday that it would organize two-day work stoppages at 14 workplaces, which are mainly located in these two areas. The strikes are held as a protest against the labor market reforms and social security cuts implemented by the Prime Minister's government. Petteri…
The confidence of Finnish consumers is still falling
The long-term average of the indicator is -2.4. Statistics Finland emphasized that consumers are currently more pessimistic about their own financial situation than at any time since 2000, and more than a third of consumers estimate that their own finances are weaker than a year ago. Their expectations of the general employment situation have remained…
In the Uusimaa region, unemployment is increasing sharply due to the struggle in the labor market
The whole country reflects this worrying development, where the number of unemployed has increased by 7.8 percent and the number of laid off by 87.8 percent. The situation is particularly serious among young people. There are 7,390 unemployed jobseekers under the age of 25 in Uusimaa, which is 17.6% more than the previous year, and…
Finland's unemployment rate continues to rise
There were 26,000 more unemployed people last month than in November 2022, and the unemployment rate for people aged 15-74 in Finland is now 7.6 percent.
The year 2024 will bring major changes to Suomen Kela's social security benefits
Key changes to benefits Index adjustments: Pensions, disability allowances, subsistence allowances, conscript allowances and maintenance allowances will increase by 5.9% from 1 January 2024. However, other benefits are not checked according to the index. Reductions in unemployment benefits: Starting in 2024, unemployment insurance child increases will be reduced and all increases will end on April…
Bank of Finland: Finland will not see economic growth in 2023 or 2024
Finland's economy is expected to shrink by 0.5 percent in 2023 and 0.2 percent in 2024. The figures mean a decrease of 0.3 and 0.4 percentage points from the forecast published in September. Meri ObstbaumThe Bank of Finland's head of economic forecasting said that the forecast reflects a slowdown in economic growth in the euro…
Finland's recession is deeper and longer than expected, says the highest official
Both growth figures represent a decrease of 0.5 percentage points from the forecast published in October. Mikko SpolanderThe Director General of the Ministry of Finance emphasized at a press conference on Tuesday that although the economic situation is expected to improve next year, the economy will continue to grow perfectly fine. “Finland is now in…
Finland reaches the bottom in The Economist's budget of 35 countries
The Economist's analysis was extensive and careful, looking at a number of economic indicators such as inflation, the breadth of inflation, GDP growth, employment growth and stock market performance. These indicators provide a comprehensive picture of the economic vitality and sustainability of nations. In stark contrast to the strong development of many other countries, Finland's…
Parliament approved significant changes to unemployment benefits for 2024
In addition, the leave compensation at the end of the employment relationship now affects the start of the benefit right, whereby the amount of the compensation divided by the person's average daily wage is determined by the delay in the start of the benefit. A significant transfer of 300 euros per month released amountwhich enabled…
Thursday's strike cost Finland 100–130 million euros, says Satonen
According to him, the government has no other choice but to carry out reforms to increase the still relatively low employment rate. He also expressed doubts about the ability of trade unions to come up with measures to create 100,000 new jobs, the government's stated target, and predicted their response would be a “blank piece…
The CEO of the Central Chamber of Commerce criticizes SAK's role in the nationwide disruptive strike
According to Romakkaniemi, SAK's actions reflect a mistaken belief in its right to intervene in the parliamentary legislative process. He claims that SAK does not have the right to veto legislation, but only the democratically elected parliament. – Parliament does not need SAK's permission to change laws. It's confusing that SAK even feels it has…
Shocked locals react to rise in rape in Copenhagen's party district
“It was shocking to find out… We know each other well in the neighborhood,” says a local resident. Plus, a new report finds that the employment rate of non-Western immigrants has increased significantly since 2015, and Denmark is resuming its development aid to Palestine. The full version of this article is only available to subscribers.…
Postal, train and possibly bus traffic will stop in Finland on Thursday
“Since it is a short-term disruption, we estimate that Posti's services will return to normal quickly after the work stoppages,” he said. The strikes also affect VR's train traffic, Helsinki's tram and metro traffic, public transport services in Tampere and Turku, and the operation of Turku Airport. Helsingin Sanomat reported on Sunday that Liikenneliitto AKT…
SAK's boss says strikes this week are unlikely to be avoided
“About 70,000-75,000 employees from SAK member unions will go on strike. But when unorganized workers and members of other trade unions are also taken into account, the total number will probably rise to more than 100,000, Eloranta said on YLE Ykkösaamu on Saturday. SAK consists of 18 trade unions with a combined membership of over…
Finland's train service stopped for a day due to JHL's expanding strikes
“We also have to be able to find fair working conditions for our members with the help of negotiations in the future”, Ekström emphasized. The trade union's decision to suspend train service for a day is part of a series of political strikes organized since the fall, the aim of which is to oppose the…
Finland's employment situation is deteriorating amid the economic recession
The key indicators monitoring the demand and supply of labor show negative changes compared to the corresponding period of last year and the last few months. In addition, the outlook for the coming months is dim due to the threat of a recession. According to Statistics Finland, the number of employed people decreased by more…
In Uusimaa, the demand for labor is falling more sharply than in the whole country
A sharp downturn will follow the peak of labor demand in 2022. “After last year's high labor demand, we have seen a clear decline. However, the increase in unemployment is still nowhere near the level experienced during the pandemic. Despite the challenging times, we do not expect an explosive increase in the unemployment rate in…
The employment of immigrants in Denmark hits record numbers
Internationals in record numbers are crucial for the Danish economy. Elon Musk faces problems in Scandinavia, and Danish diamond heir risks prison in Dubai The full version of this article is only available to subscribers. Already a subscriber, log in here: sign in Forgot your password? Get unlimited access to all of The Copenhagen Post…
Research: Income support recipients use more public health services in Finland
A study of the adult population of Helsinki and Oulu found that people receiving income support use public health services more often, including mental health and substance abuse services. Almost a third of the income support recipients from Oulu used these services, compared to only five percent of the comparison group. The difference was smaller…