Fri, 30 Jan, 2015 12:08:47 AM FTimes – STT Report, Jan 30  Matti Apunen and Kimmo Tiilikainen at the EVA workforce analysis publication programme in Helsinki on Thursday. Photo Lehtikuva. The country needs more immigrants to avoid its workforce from shrinking, according to an estimate of the policy and pro-market think-tank EVA.
According to EVA, the net annual immigration should be almost double the current level of 18,000.
Pointing out the necessity for immigrant people, the EVA report said the country cannot do without immigration.
In the last 25 years, the population has grown to over half a million. The number of working-age population has been reducing by 10,000 annually, as more people are going to retirement.
Immigrants in Finland. File Photo Lehtikuva. At the same time, the employment rate has dropped to 69 percent.
In its analysis, EVA estimates that raising net immigration to 34,000 people a year would seek to achieve a sustainable employment rate of 75 percent.
Without immigration, the country’s working-age population last year alone would have diminished by 26,000.
The majority of the current immigrants are of working age and the employment rate of immigrants is about 50 percent.
An increasing number of people entitled to earnings-related allowance work part-time, said the Federation of Unemployment Funds in Finland (TYJ).
Employment office in Helsinki. File Photo Lehtikuva. The unemployment funds last year issued over a million earnings-related allowance decisions. Nearly one third of them worked part-time and had short-time jobs and decisions related to adjusted earnings were paid to those who had part-time businesses.
Decisions related to earnings-related allowance in 2014 was 20 percent more than in the previous year.
Earnings-related income is paid to an applicant, if one’s income from work is over 300 euros per month. If a person’s income from work is less than 300 euros per month, the allowance is paid in full.
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