Due to its aging population, Finland is looking for foreign labor

Most Western countries are facing demographic aging, but few feel its effect like this Scandinavian country of 5.5 million people.

Finland, known as the happiest country in the world, is in search of foreign labor that can cope with the social aging that it is going through at the moment.

“Today it is widely recognized that we need an impressive number of people (…) to help cover the costs of the aging generation, ” explains Saku Tihverainen, talent scouts of the agency Talented Solutions, to Media.

Most Western countries are facing demographic aging, but few feel its effect like this Scandinavian country of 5.5 million people, with the largest shortage of skilled workers within the OECD.

Finland has four people over 65 for every ten people of working age. By 2030, this ratio will rise to one in two, putting it only behind Japan globally.

The government estimates that it needs a positive migration balance of 20,000 to 30,000 people each year – twice as much as now – to maintain its public services and geriatric care at its level of excellence and to compensate for the impending deficit in the pension system.

After years of inertia, business and government “are at a tipping point and they recognize the problem,” says Charles Mathies.

Among the professionals sought, there are Spanish health personnel, Slovak metallurgists, computer scientists, or Russian, Indian, or Filipino maritime experts.

Graduate from India. Trying to understand Indian Politics. Writing about Technology, Education, Brands, Business, and much more. Editor at MegaloPreneur

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