• Latest
Finland must turn attention to immigration as working-age population shrinks

Finland must turn attention to immigration as working-age population shrinks

August 21, 2019
Warnings for icy conditions across most of Sweden

Warnings for icy conditions across most of Sweden

December 4, 2019
Anti-Israelism and Antisemitism in Norway

Anti-Israelism and Antisemitism in Norway

December 4, 2019
Finland has the most efficient education system in the world

Finland has the most efficient education system in the world

December 4, 2019
lades of Glory: Denmark to repower Middelgrunden offshore windfarm

lades of Glory: Denmark to repower Middelgrunden offshore windfarm

December 3, 2019
Norwegian cruise ship docks, 19 people treated for flu-like symptoms

Norwegian cruise ship docks, 19 people treated for flu-like symptoms

December 3, 2019
Sweden turning into Europe’s wind power hot spot

Sweden turning into Europe’s wind power hot spot

December 3, 2019
Denmark says Greenland is a national security concern

Denmark says Greenland is a national security concern

December 2, 2019
Pollution in Reykjavík

Pollution in Reykjavík

December 2, 2019
Spain, Poland and Sweden lie in wait should Ireland qualify for Euro 2020

Spain, Poland and Sweden lie in wait should Ireland qualify for Euro 2020

December 2, 2019
The European Parliament declares climate emergency

The European Parliament declares climate emergency

November 30, 2019
Is home ownership in Finland slipping out of reach?

Is home ownership in Finland slipping out of reach?

November 30, 2019
New Map Improves Tourist Safety

New Map Improves Tourist Safety

November 30, 2019
Sunday, December 8, 2019
Helsingefors
No Result
View All Result
  • Nordic News
    • Denmark
    • Finland
    • Norway
    • Sweden
  • World News
    • Africa
    • Asia
      • China
      • North Korea
    • Canada
    • Europe
    • Latin America
    • Middle East
    • Russian Federation
    • United Kingdom
  • National Security
    • Cyber Security
    • Immigration
    • Military
    • Terrorism
      • Islamic State
    • Politics
      • Democracy
      • Free Speech
  • Business
    • Economy
  • Science
    • Technology
  • Culture
    • Art
    • Books & Literature
    • Education
    • Family
    • Food & Drink
    • Health
    • History
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Travel
    • Women & Children
  • Environment
    • Agriculture
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Sports
    • Auto Racing
    • Cycling
    • Golf
    • Olympics
    • Tennis
    • Water Sports
  • Nordic News
    • Denmark
    • Finland
    • Norway
    • Sweden
  • World News
    • Africa
    • Asia
      • China
      • North Korea
    • Canada
    • Europe
    • Latin America
    • Middle East
    • Russian Federation
    • United Kingdom
  • National Security
    • Cyber Security
    • Immigration
    • Military
    • Terrorism
      • Islamic State
    • Politics
      • Democracy
      • Free Speech
  • Business
    • Economy
  • Science
    • Technology
  • Culture
    • Art
    • Books & Literature
    • Education
    • Family
    • Food & Drink
    • Health
    • History
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Travel
    • Women & Children
  • Environment
    • Agriculture
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Sports
    • Auto Racing
    • Cycling
    • Golf
    • Olympics
    • Tennis
    • Water Sports
No Result
View All Result
Helsingefors
No Result
View All Result

Finland must turn attention to immigration as working-age population shrinks

August 21, 2019
in Economy, Featured, Finland, government, Immigration, News
0
Home Economy
Post Views: 78

 

Finland should turn its attention to immigration to alleviate the problems caused by its shrinking working-age population, views Sami Pakarinen, the chief economist at the Confederation of Finnish Industries (EK).

“The topical employment debate has focused more on the labour force than on increasing the working-age population,” he wrote in his blog on Sunday.

Pakarinen pointed out that net migration as a proportion of the population is markedly lower in Finland than in, for example, Sweden or Germany. Finland’s migration gain of 12,000 people in 2018 was equivalent to 0.22 per cent of its population. Sweden’s migration gain of 86,000 people was equivalent to 0.84 per cent and Germany’s gain of 400,000 people to 0.48 per cent of the population.

RelatedPosts

Is home ownership in Finland slipping out of reach?

Postal-led strikes end in Finland, but more to follow

Finland launches data security guarantee label

Cruises and flights cancelled, public transport disrupted by strikes in Finland

Finnair crippled by Finland-wide strikes — 20,000 passengers affected

“The impact of net migration must not be forgotten when talking about the growth of the Swedish economy. In Sweden, the 25–64-year-old population will grow until 2050, according to current forecasts. In Finland, in turn, the population has already begun to decline,” he highlighted.

In 1997, net migration was equivalent to 0.07 per cent of the population in both Finland and Sweden.

“Had Finland followed Sweden’s development and raised the proportion of net migration, it would have been at an almost four times higher level than the actual numbers from last year – that is, roughly 46,000 people. Had net migration been as high in Finland as in Sweden since 1997, Finland would have a population of roughly 5.9 million – that is, almost 400,000 more than today,” told Pakarinen.

The Ministry of Finance estimated last spring that ramping up net migration from 15,000 to 22,500 a year would narrow the sustainability deficit – measured as a percentage of the gross domestic product – by 0.5 percentage points. The estimate is based on the assumption that the majority of the immigration is employment-based.

Pakarinen stated based on the estimate that if net migration increased to 86,000, it would reduce the sustainability deficit by 1.0–1.5 percentage points.

Many in Finland, he reminded, have expressed their bafflement at the growth of the Swedish economy.

“There are naturally a number of underlying reasons, but the favourable development of the working-age population is helping our neighbour noticeably,” he said. “This raises the question, is the current employment debate focused too much on the existing labour force and too little on developing the working-age population. Should the government support measures that promote the growth of the working-age population, such as employment-based immigration, more strongly?”

Source :

Helsinki Times

Tags: age populationConfederation of Finnish IndustriesFinlandFinland economyfinland newsImmigrationworking
ShareTweetShare

Related Posts

Warnings for icy conditions across most of Sweden
Featured

Warnings for icy conditions across most of Sweden

December 4, 2019
Anti-Israelism and Antisemitism in Norway
Featured

Anti-Israelism and Antisemitism in Norway

December 4, 2019
Finland has the most efficient education system in the world
China

Finland has the most efficient education system in the world

December 4, 2019
lades of Glory: Denmark to repower Middelgrunden offshore windfarm
Denmark

lades of Glory: Denmark to repower Middelgrunden offshore windfarm

December 3, 2019
Norwegian cruise ship docks, 19 people treated for flu-like symptoms
Featured

Norwegian cruise ship docks, 19 people treated for flu-like symptoms

December 3, 2019
Next Post
Danish Retail Billionaire Lars Larsen Dies At 71

Danish Retail Billionaire Lars Larsen Dies At 71

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Translate

Popular Post

Warnings for icy conditions across most of Sweden
Featured

Warnings for icy conditions across most of Sweden

December 4, 2019
0

  Take extra care if you're out and about on Sweden's roads this week. A weather warning for icy conditions...

Read more
Sweden’s shift right has immigrants worried

Sweden’s shift right has immigrants worried

October 30, 2018
Tesla Is Cold in Norway — And That’s Important

Tesla Is Cold in Norway — And That’s Important

October 30, 2018
Survey: Many teens in Finland face cyberbullying

Survey: Many teens in Finland face cyberbullying

October 30, 2018
Princess Mary of Denmark takes style tips from Kate Middleton as she wows in red dress

Princess Mary of Denmark takes style tips from Kate Middleton as she wows in red dress

October 30, 2018
  • About Us
  • Creative Commons
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
  • Contact Us

Topics

Follow Us

About Us

Helsingefors.com is part of the Helsingefors Media Group LLC, which delivers daily news around the globe.

© 2015 Helsingefors

No Result
View All Result
  • Nordic News
    • Denmark
    • Finland
    • Norway
    • Sweden
  • World News
    • Africa
    • Asia
      • China
      • North Korea
    • Canada
    • Europe
    • Latin America
    • Middle East
    • Russian Federation
    • United Kingdom
  • National Security
    • Cyber Security
    • Immigration
    • Military
    • Terrorism
      • Islamic State
    • Politics
      • Democracy
      • Free Speech
  • Business
    • Economy
  • Science
    • Technology
  • Culture
    • Art
    • Books & Literature
    • Education
    • Family
    • Food & Drink
    • Health
    • History
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Travel
    • Women & Children
  • Environment
    • Agriculture
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Sports
    • Auto Racing
    • Cycling
    • Golf
    • Olympics
    • Tennis
    • Water Sports

© 2015 Helsingefors