When the pandemic broke out, wages and salaries decreased by over 1 billion euros, but consumption diminished even more, which resulted in a significant increase in the saving rate.
Turkka Kuusisto held the position of interim CEO since the resignation of Heikki Malinen in October 2019. Malinen resigned in the middle of an industrial action against…
The Ministry of Economic Affairs and Employment says there is an "ethnically hierarchical" labor market, where locals earn more and have easier access to jobs.
The growth in the wages and salaries sum was fastest in private health and social work (7.2%), other services (4.0%), financial intermediation (3.1%), manufacturing (2.7%) and trade (2.3%).
For wage and salary earners with vocational qualifications the most common monthly income was 2,300 euros. Among them, ICT professionals were the best paid.