Well-educated people typically earn more than those with a lower level of education. Education also improves earnings by enhancing a person’s employment prospects.
Helvi Kinnunen — articles & blogs(5)
Is Finland following the same path as Japan?
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.