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State of the Nordic Region 2020

image of State of the Nordic Region 2020

State of the Nordic Region 2020 gives you a unique look behind the scenes of the world's most integrated region, comprised of Denmark, Finland, Iceland, Norway and Sweden, along with the Faroe Islands, Greenland and Åland. The report presents a series of facts and figures showing the current state of play within core socioeconomic sectors, including demography, labour market and economy. In addition, you can read about wellbeing and energy pathways towards a carbon neutral Nordic Region. State of the Nordic Region 2020 is published by the Nordic Council of Ministers and produced by Nordregio, an international research center for regional development and planning established by the Nordic Council of Ministers.

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Geographies of Labour

The target of the European Commission's Europe 2020 strategy is a total employment rate of at least 75% for people aged 20 to 64 in the EU by 2020. This strategy emphasises smart, sustainable and inclusive growth as a way to overcome the structural weaknesses in the European economy, improve its competitiveness and productivity and underpin a sustainable social market economy. In the Nordic Region, the employment target was even higher, with Sweden and Denmark aiming for 80% and Finland 78% employment by 2020. In 2018, Sweden had already reached this target with an employment rate of 82.6%, but Denmark (78.2%) and Finland (76.3%) have not yet achieved their targets (Norlén, 2019).

English

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