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Tue, 25 Nov, 2014 12:00:43 AM FTimes- Xinhua Report, Nov. 25  File picture of Nordea's chief economist, Aki Kangasharju. Photo Lehtikuva. Increasing part-time jobs could help Finland to boost employment and economic growth, said Aki Kangasharju, chief economist at Nordea Bank Finland on Monday.
Kangasharju told Finnish national broadcaster YLE that policy makers need to do more to make part-time jobs more profitable.
More part-time jobs would be a key factor in helping the Finnish economy to recover, he said.
Many Finnish are not willing to do part-time jobs because they have to pay heavy taxes.
A Finnish has to pay 66 percent of his part-time earnings on tax, according to the economist.
Statistics show that only 15 percent of mothers in Finland do part-time work, compared with 38 percent in Sweden and 87 percent in the Netherlands.
Making part-time work more profitable could help to draw large numbers of unemployed into the labor force and enhance productivity in the private sector, said Kangasharju.
According to Statistics Finland, the unemployment rate in Finland is 8.2 percent in September this year, compared to 7.6 percent one year earlier.
By the end of September, the number of jobless in Finland stood at 315,000, official data show.
The Finnish government is considering to increase the number of part-time workers by taking new measures, such as flexible allowances, which have already come into effect this year.
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Finland Times
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