Industrial profitability has been linked to fluctuations in export demand, but over the long term it has also followed relative wage developments. The chemical industry has emerged as the most profitable. Most sectors within the metal industry have shown weakened profitability.
Petri Mäki-Fränti — articles & blogs(7)
Education and age ease uncertainty of income development
Finland is greying – will this weaken the effectiveness of monetary policy?
Households increasingly dependent on public transfers
The longer working careers and higher earnings of those now retiring have caused a rising trend in earnings-related pensions. As this has been accompanied by a strong increase in unemployment expenditure and slow growth in aggregate income, a growing number of households now depend on current transfers.