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Maintaining high participation and employment in the face of the recent recession and a rapidly ageing population are major challenges for policy makers in Finland. The recession of the early 1990s showed that high unemployment can leave long–lasting scars on labour markets, while rapid ageing...
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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. This report uses a statistical clustering model to map...
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Finland’s population is set to age rapidly in the coming decades. This will put pressure on public finances, while shrinking labour resources. Nonetheless, solutions exist to alleviate those pressures. Adjusting the pension age in line with the rise in life expectancy would reduce pension...
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Among various barriers to increasing employment of older workers, this paper focuses on two notable ones that are relevant for the future of work. First, older workers engaged in codifiable, routine tasks are particularly prone to the risk of being displaced by computers and robots. Second,...
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