Labour market information

Print this page

Finland - Pirkanmaa

Short overview of the labour market

 

Based on preliminary data, as of June 2020 the population of Pirkanmaa was 518 700, approximately 1 000 more people than in December 2019. The number of open vacancies in 2020 was the same as in 2018 and 2019. The total workforce was 245 000, of which 15.7% were unemployed. In 2019, the average number of companies in Pirkanmaa was over 35 000, employing a total of approximately 150 000 people. During the first quarter, there were over 1 000 start-up companies in 2020. 

The region’s strengths have remained the same; transport links to the capital region are excellent and the roads to nearby cities and municipalities are in a fairly good condition. However, the majority of the companies interviewed reported that they expect a challenging autumn in terms of the number of orders. Despite this, a drastic drop is not expected. The most significant factors are transport of goods, which seems to function well, and the fact that any bottlenecks in production are likely to be easily managed. International trade is the key to growth. The rest of 2020 is expected to be challenging for the labour market. Fortunately, the number of acquisitions had boosted growth compared to the situation in the spring. 

There are significant differences within and between different sectors at the moment due to the COVID-19 crisis, but the same differences would also exist in normal economic conditions. The operations of several companies, especially in the fields of information, communications, finance and insurance, have remained stable. Traditional heavy industry is also doing well in some parts since demand is still there. Several sectors are already looking into different options for restoring growth. The retail industry, including the food retail industry, is doing very well at the moment. Other retail sectors are doing better compared to last year.

The largest industries as a whole, including industry, construction, different levels of trade, business services and the private healthcare sector, will need government support for some time. The significance and role of export guarantees will be essential. In the industry sector, for example the sawmill industry is expected to fare fairly well in the current situation as well as the chemical forest industry. Competence in mechanical engineering is driven by investment goods, so growth relies on the growth of other sectors. Business services will recover as long as economic growth achieves the level necessary for satisfying the needs of the services. Construction will continue in growth centres and maintenance backlog will be dealt with in old buildings. 

 

Text last edited on: 11/2020