major challenges for policy makers in Finland. The recession of the early 1990s showed that high unemployment can leave long … to better support work incentives. Finland has an unusual combination of elevated unemployment replacement rates and late …, greater flexibility in wage setting, ensuring earlier activation of unemployed and reforming unemployment and social benefits …

Following five years of economic growth, employment in Finland increased to 72.6% of the working-age population in 2019 …. The effects of the strong recovery, however, were not felt by all, and long-term unemployment remains stubbornly high …