The number of unemployed foreigners fell slightly from its all-time high of 44,000 in December, to 42,400 in January, according to an economic bulletin from the Ministry of Economic Affairs and Employment.
The Helsinki Region Chamber of Commerce has released an analysis based on early-year figures from Statistics Finland, indicating that a record number of businesses ceased operations in the capital region in 2023. The data shows that 9,450 businesses closed down, marking a 17% increase compared to the previous year. These figures exclude the primary production and real estate sectors.
The Finns Party has gained 1.6 points and the Social Democrats lost 0.9 points since mid-January, reveals the latest opinion poll by Helsingin Sanomat. Both parties are now polling at 19.6 per cent, less than two points behind the National Coalition.
The financial situation of businesses has deteriorated at the start of the year, marking the weakest economic position in recent years, according to a new Entrepreneur Survey. Only 52% of small and medium-sized enterprises (SMEs) described their financial situation as very good or fairly good in February, a decrease from 55% in December. Conversely, 17% of respondents now view their economic standing as fairly or very poor, indicating a challenging situation for approximately 75,000 businesses.
January saw consumer price inflation in the Nordic countries fall to 3.3%, down from 3.6% in December, signaling a steady return to moderate levels after the sharp increases experienced since the beginning of 2021. The highest point of inflation was recorded in December 2022, reaching 9.1%, following the economic recovery from the coronavirus pandemic. Since then, inflation has been on a consistent decline month over month.
The share of foreign workers in Finland's construction sector has seen a notable increase in recent years, according to a recent labor survey conducted by the Confederation of Finnish Construction Industries (RT). On average, foreign labor accounts for about 30% of the workforce on construction sites across Finland, an increase from the previous survey conducted in 2019. However, the current economic downturn has led to a decrease in work available for both Finnish and foreign workers ...
An extensive crew of more than a hundred members from China has been seen in...
MEMBERS of the Finnish government have repeatedly made questionable claims in defence of the government proposal to impose a 24-hour limit on political strikes, report YLE and Helsingin Sanomat . Minister of Employment Arto Satonen (NCP) has justified the proposal by arguing that the duration of political strikes has been limited to two to three hours in Sweden.
ANNIKA SAARIKKO on Thursday announced she will not seek another term as chairperson of the Centre Party. “My time as chairperson has been unique and challenging,” she was quoted saying at a news conference by Helsingin Sanomat. “I’ve got so much from the Centre. Everything I’ve known how to give back, I’ve given back.”
THE POPULATION of Helsinki grew last year close to the record-pace witnessed during the suburban expansion of the 1960s. Statistics Finland has released preliminary data revealing that the city's population stood at 674,963 at the end of 2023, marking an increase of 10,935 from the previous year and the first increase of over 10,000 since the 1960s.
THE MINISTRY of the Interior is considering enacting an emergency act to tackle weaponised migration across the border between Finland and Russia, reports YLE. Border-crossing points along the border began reporting unusually high numbers of asylum applicants last autumn. The Finnish government soon concluded that the migrants are likely receiving assistance getting to the border from border and security officials in Russia.
In a move aligning with European Union Commission guidelines, Finland has imposed a ban on the import of passenger cars registered in Russia since September 16, 2023. The Finnish authorities have now set a deadline of March 16, 2024, for the export of such vehicles that were brought into the country before the ban took effect. This regulation, however, exempts cars owned by EU citizens residing permanently in Russia and diplomatic vehicles. Additionally, buses with a capacity of more t...
AN INTERPELLATION from the Green League, Left Alliance and Social Democrats kindled a long and heated debate in parliament on Tuesday. The three opposition parties accuse the government of sowing division in labour markets and abandoning the culture of bargaining and collaboration by insisting on moving forward with a serious of bills concerning the strike rights, lay-off justifications and unemployment security.
Kela has initiated a customer survey targeting users of its English-language website, aiming to refine and enhance the services provided to its diverse clientele. Recognizing the importance of equity and accessibility, Kela is reaching out to English speakers to better understand their needs and improve their experience on the kela.fi platform. The survey focuses on assessing the effectiveness of the website's navigation and the accessibility of its content, aiming to identify areas of...
A recent study from the University of Helsinki has unveiled that neurological disorders significantly elevate the risk of divorce among couples in the Nordic countries, with the highest risk observed in couples where both partners are diagnosed with such conditions. The research, which tracked over 2.8 million married individuals aged 30 to 64 from Finland, Sweden, Norway, and Denmark, found that 12% of these couples divorced within a ten-year follow-up period.