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Finland - Pirkanmaa

Short overview of the labour market

 

At the end of 2017, there were approximately 512 300 people living in Pirkanmaa, 44 % of whom lived in Tampere. In 2017, the population increased by around 3 000, i.e. 0.6 %. In 2017, Pirkanmaa had on average more than 33 000 workplaces. In 2016, the number of companies was 32 600, employing in total around 145 000 people. The average number of new job vacancies per month in 2017 was 4 900. That number is exceptionally high. There has not been such a high number of job vacancies during this decade, or in the past ten years. In 2017, on average 12.2 % of the labour force in Pirkanmaa were unemployed, and there were on average 29 950 unemployed jobseekers. The reduction affected around 7 550 people compared to the corresponding period in the previous year. The number of unemployed jobseekers decreased by more than 20 % compared with the same time in the previous year. Pirkanmaa has effectively leveraged a good current economic situation. It is still necessary to continue strengthening the attractiveness of Tampere, as this would also benefit the entire region. The importance of improving the comfort of the educated and skilled population is growing, and large-scale projects in the region also contribute to this end. In Pirkanmaa, it is Tampere especially that is growing and improving at an excellent rate. If all the large-scale construction projects in the city centre and surrounding areas are combined, it makes for a long and comprehensive list of ventures. Pirkanmaa’s strategic location nationally and its good connections to the major regional centres and the metropolitan area contribute to Tampere’s reputation from one year to the next as the best city in the country to move to, in the opinion of Finns. Nevertheless, the employment rate in Pirkanmaa is, due to unforeseen circumstances, significantly low, as it is in the case of the country as a whole. The main activities in 2017 that put the Pirkanmaa economy on the path to growth included house construction and renovation, business services, and the marked increase in industrial activity that has now lasted a year or so. Growth is taking place in almost all main industrial sectors, of which the most significant are the chemicals industry, mechanical engineering and metal construction, electrical engineering and ICT. A positive phenomenon has also been the increase of the technology industry’s turnover and staffing levels in Pirkanmaa, compared to the situation in the previous year. On the national level, the sector’s share of the total number of staff in the sector amounted to 12 % and of the total turnover to 10 %. In terms of turnover, the most significant sector within this industry in Pirkanmaa is the machinery and metal products industry, accounting for 55 % of the turnover and 50 % of the number of staff. Compared to the 2008 level, the turnover has fallen to around half in 2017, while the staff figure has only dropped to 85 %. The number of companies has increased by more than 10 %, which also reflects the changes in the size of the industry. There are more small-scale than large operators. The sector covers 54 % of the total of foreign exports from Pirkanmaa, as well as 85 % of the R&D investments. The technology industry consists of five sectors: the electronics and electrical industry, machinery and metal products industry, design and consultancy, manufacture of basic metals, and the IT sector. In addition, the mechanical engineering and metal construction industry is expected to grow significantly in 2018. This year, growth is also expected to occur outside industry, for example in business services, the security sector, the finance sector and communications. The communications sector has been growing for several years, and a first-rate performance is expected for 2018. These sectors are expected to grow significantly on an annual basis. While technology-related activities are expected to decline to some extent, the emergence of new smaller companies is already reflected in export markets. Overall, industry export trends look positive: three quarters of companies are expecting the situation to improve or at least to remain similar as previously in the current year. Moreover, the first half of 2018 is expected to be significant in terms of turnover growth.

 

Text last edited on: 11/2018


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