Labour Force Barometer: Most of Finland suffers from labour market mismatch

29.11.2023 9.02
This autumn, the revised Labour Force Barometer focuses on the future prospects of the technology industry and the social welfare, health and wellbeing sectors. The greatest shortage of labour is in the health and social services sector, where skilled workers are needed for the care of older people, in particular. The outlook for the technology sector is expected to improve after next summer.

Drug Development Centre granted EUR 20 million in capital

23.11.2023 13.55
laboratorio
Laboratorio
On 23 November 2023, the Government authorised the Ministry of Economic Affairs and Employment to capitalise Drug Development Centre Oy by EUR 20 million. The company’s task is to evaluate early-stage drug development projects and turn them into commercially viable products and companies worthy of capital investment.

Near-term expectations in regions are bleak

23.11.2023 8.32
The economic and employment situation in the regions has deteriorated and near-term expectations in many regions are more negative than before. However, the depressed economic trend is expected to be short-lived, with the outlook for the autumn of next year already looking brighter. This data comes from the publication Regional Development Prospects for autumn 2023, the results of which were presented at the Aluekehittämispäivät event in Lahti on 23 November.

TE2024: Most of the proposed employment areas can continue preparations

22.11.2023 11.24
On 21 November 2023, the ministerial working group on employment and entrepreneurship discussed the formation of employment areas. A total of 44 employment areas will be established in Finland. Most of the areas reported by municipalities fulfilled the requirements of the Act, but for six areas it is proposed that an application for an exemption be approved.

Ministerial working group approves revised Talent Boost programme on work-based and education-based immigration for 2023–2027

21.11.2023 16.17
The Talent Boost programme on work-based and education-based immigration will continue in a revised form during this Government term. The aim is to provide Finland with skills that meet its needs and to strengthen economic growth, employment and innovation activities. The ministerial working group on employment and entrepreneurship approved the programme on 21 November 2023.

See also

Government’s labour market reforms

Government’s labour market reforms

The Government will develop the Finnish labour market to make it more flexible. The aim is to support employment, economic growth, competitiveness and productivity. The reforms will be prepared on a tripartite basis, drawing on the expertise of businesses and employee organisations.

Government’s labour market reforms

Measures of the Government concerning work-based immigration

Measures of the Government concerning work-based immigration

Finland’s success and international competitiveness are based on high levels of skills and competence. However, the Finnish labour market suffers from a shortage of skilled workers. While employment must be provided to unemployed jobseekers already in Finland, the country also needs work-based immigration.

Measures of the Orpo Government concerning work-based immigration

TE services reform 2024

TE services reform 2024

The transfer of TE services to the municipalities will take place on 1 January 2025. The reform aims to create a service structure that will contribute to rapid employment of jobseekers.

Website of TE services reform 2024

Ministry

Ministry

Ministry

The Ministry of Economic Affairs and Employment creates the conditions for economically, socially and ecologically sustainable growth. It comes from skilled people in high-quality jobs, productivity growth and increasing employment.

More on the subject

Government agencies, companies and funds of MEAE Group

Government agencies, companies and funds of MEAE Group

The MEAE Group comprises seven government agencies, 15 Centres for Economic Development, Transport and the Environment, 15 Employment and Economic Development Offices, five companies plus three funds.

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Ministers

Arto Satonen
Arto Satonen
Minister of Employment
Wille Rydman
Wille Rydman
Minister of Economic Affairs
Kai Mykkänen
Kai Mykkänen
Minister of Climate and the Environment
Mari Rantanen
Mari Rantanen
Minister of the Interior
Anna-Kaisa Ikonen
Anna-Kaisa Ikonen
Minister of Local and Regional Government