The Nordic labor market and migration

"The large influx of migrants to Nordic countries in recent years is challenging the adoptability of Nordic labor market institutions while also adding to potential growth. This paper examines the trends, economic drivers, and labor market implications of migration to Nordic countries with a pa...

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Main Authors: Ho, Giang, Shirono, Kazuko
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Washington, DC 2015
IMF
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19107891124919250739-The-Nordic-labor-market-and-mi.htm
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author Ho, Giang
Shirono, Kazuko
author_facet Ho, Giang
Shirono, Kazuko
collection Library items
description "The large influx of migrants to Nordic countries in recent years is challenging the adoptability of Nordic labor market institutions while also adding to potential growth. This paper examines the trends, economic drivers, and labor market implications of migration to Nordic countries with a particular focus on economic migration as distinct from the recent large flows of asylum seekers. Our analysis finds that migration inflows to the Nordics are influenced by both cyclical and structural factors. Although migration helpfully dampens overheating pressures during periods of strong demand, and over the longer term will cushion the decline in labor supply from population aging, in the near-term unemployment can rise, especially among the young and lower-skilled. The analysis highlights the need to adapt Nordic labor market institutions in a manner that better facilitates the integration of migrants into employment. In particular, greater wage flexibility at the firm level and continued strong active labor market measures will help improve labor market outcomes among immigrants."
format TEXT
geographic Scandinavia
id 19107891124919250739_c5761d96a3194f09b48754fbd8acf285
institution ETUI-European Trade Union Institute
is_hierarchy_id 19107891124919250739_c5761d96a3194f09b48754fbd8acf285
is_hierarchy_title The Nordic labor market and migration
language English
physical 44 p.
Digital
publishDate 2015
publisher Washington, DC
IMF
spellingShingle Ho, Giang
Shirono, Kazuko
migration
social integration
unemployment
Scandinavian model
labour market policy
The Nordic labor market and migration
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=107397992557
title The Nordic labor market and migration
topic migration
social integration
unemployment
Scandinavian model
labour market policy
url https://www.labourline.org/KENTIKA-19107891124919250739-The-Nordic-labor-market-and-mi.htm