AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

HELSINKI: Repeatedly dubbed the happiest nation on the planet with world-beating living standards, Finland should be deluged by people wanting to relocate, but in fact it faces an acute workforce shortage.

"It's now widely acknowledged that we need a spectacular number of people to come to the country," recruiter Saku Tihverainen from agency Talented Solutions told AFP.

Workers are needed "to help cover the cost of the greying generation", the recruiter explained.

While many Western countries are battling weak population growth, few are feeling the effects as sharply as Finland.

With 39.2 over-65s per 100 working-age people, it is second only to Japan in the extent of its ageing population, according to the UN, which forecasts that by 2030 the "old age dependency ratio" will rise to 47.5.

The government has warned that the nation of 5.5 million needs to practically double immigration levels to 20,000-30,000 a year to maintain public services and plug a looming pensions deficit.

Finland might seem like an attractive destination on paper, scoring high in international comparisons for quality of life, freedom and gender equality, with little corruption, crime and pollution.

But anti-immigrant sentiment and a reluctance to employ outsiders are also widespread in Western Europe's most homogenous society, and the opposition far-right Finns Party regularly draws substantial support during elections.

After years of inertia, businesses and government "are now at the tipping point and are recognising the problem" posed by a greying population, said Charles Mathies, a research fellow at the Academy of Finland.

Mathies is one of the experts consulted by the government's "Talent Boost" programme, now in its fourth year, which aims to make the country more attractive internationally, in part through local recruitment schemes.

Those targeted include health workers from Spain, metalworkers from Slovakia, and IT and maritime experts from Russia, India and Southeast Asia. But previous such efforts have petered out. In 2013, five of the eight Spanish nurses recruited to the western town of Vaasa left after a few months, citing Finland's exorbitant prices, cold weather and notoriously complex language.

Finland has nonetheless seen net immigration for much of the last decade, with around 15,000 more people arriving than leaving in 2019. But many of those quitting the country are higher-educated people, official statistics show.

Faced with the OECD's largest skilled worker shortage, some Finnish startups are creating a joint careers site to better bag overseas talent.

Comments

Comments are closed.