The 100-year-wave hits the Nordic labour market
For several months – in fact for many years – the Faroese have been waiting for the magical number 50,000. And it is about to arrive! The latest official update says 49,820, the real figure is even closer to 50,000 and it is now only a matter of weeks.
By 2030 Sweden’s countryside could have lost one third of its employable population compared to the year 2000, resulting in lost tax revenues, increased healthcare needs and a lack of labour. Many municipalities now put their hopes in the successful integration of newcomers. Krokom municipality is one of them.
There was great concern in the Nordic countries a few years ago that they would be hit by an age shock. The fear was an increasing lack of labour as a result of falling numbers of young and middle aged people. But out of the four main demographic drivers, only one developed as expected: Populations are ageing.
The road to Punkalaidun is beautiful, but treacherously winding and slippery in the wintertime. This is far out into the countryside. The municipality is more than 150 kilometres north-west of Helsinki.
Ståhlberg, Relander, Svinhufvud, Kallio, Ryti, Mannerheim, Paasikivi, Kekkonen, Koivisto, Ahtisaari, Halonen and Niinistö!
Newcomers can represent an important contribution to the labour markets in the ageing Nordic countries if they learn the language and are given the opportunity to settle into the labour market, especially in more remote areas which for decades have been loosing many of their employable young to the cities.