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Fewer Finnish students took out loans in 2023, though average amounts increased

Fewer Finnish students took out loans in 2023, though average amounts increased
helsinkitimes.fi - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from helsinkitimes.fi Daily Mail and Mail on Sunday newspapers.

Unemployment benefit cuts take effect on Monday; monthly support may drop by nearly €400

Unemployment benefit cuts take effect on Monday; monthly support may drop by nearly €400
yle.fi - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yle.fi Daily Mail and Mail on Sunday newspapers.

Proposed changes in Finnish social benefits set to impact a €16 billion benefit pot

The Finnish government has outlined substantial changes to several benefits provided by Kela, the Social Insurance Institution of Finland. To grasp the magnitude of these changes, it s crucial to examine the current distribution of benefits and the impending cuts or increases as outlined in the government program. According to statistical data, Kela s expenditure on benefits has remained relatively stable, hovering between €15 billion and €16 billion annually from 2012 to 2022.

Finland s unemployment rate ticks up during July

The unemployment rate in July stood at 7.2 percent, according to Statistics Finland's latest data.

Immigrants receive benefits with emphasis on family and vocational skills

The proportion of foreign-language speakers among recipients of benefits from the Finnish Social Insurance Institution (Kela) is particularly noticeable in unemployment benefits and family benefits. However, the relative share of immigrants in benefits such as medication reimbursement and pensions is smaller. The development of benefit recipients mirrors the growth of the foreign-language-speaking population in the country.

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