FINLAND LABOUR CRUNCH

  • Facing a massive skilled labour shortage, Finland’s government is planning to double the number of work immigrants entering the country and triple international student placements by 2030, said the Finnish Minister of Economic Affairs and Employment, TuulaHaatainen, during a visit to India aimed at pitching the country as a work destination for Indians.
  • In particular, Ms. Haatainen, who signed a “joint declaration of intent on migration and mobility” with Minister of State for External Affairs V. Muraleedharan, said that Finland hopes to attract workers in the technology and information and communications technology (ICT) sectors as well as nurses from India. However, the Minister said that while the government hopes to smooth the path for work migrants, a path to citizenship may not be on offer as yet.
  • “We see that India has such a pool of professional talent that we need in Finland. We need more workforce, we need talent, we need professionals, skilled people. If they want to enter Finland, I see that it is valuable for both sides, that people go abroad, and also earn and learn something there,” Ms. Haatainen told The Hindu.
  • The joint declaration of intent was signed last week “to facilitate mobility of students, academics, researchers, business people and professionals and to combat irregular migration,” the Ministry of External Affairs (MEA) said.
  • The interest in Indian skilled manpower comes on the back of a massive labour crunch across Europe as businesses recover from COVID-19 losses and the border lockdowns enforced in the past two years. Finland, in particular, is a country of about 5.5 million people, with only about 2.5 million in the workforce, and an increasing rate of retirement.
  • A survey by Finland’s Employment Ministry in March, as well as industry surveys showed that more than 70% of companies in Finland are now hampered by a shortage of skilled labour.
  • Haateinen said that in addition, her government wants to invest about 4% of its GDP in the research and development (R&D) sector, but needs more trained employees for that. As a result, Finland is offering to facilitate work migrants along with families, offering daycare, education and healthcare as well as undertaking half the cost of teaching them the local language.
  • “One area where we need professionals other than technology and ICT is the healthcare sector. We understand that in India, there are highly qualified nurses who will be willing to come to Finland,” the Minister said, adding that Finland has broadened its search in the region.
  • According to a Ministry report that published an “occupation barometer” earlier this year, the top five occupations seeing shortages are all in the healthcare sector, including nurses, social work and counselling staff, general practitioners, and senior physicians.

SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB

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