Labour market

The Nordic labour markets share many common characteristics. Nordic salaries and working conditions are quite considerably regulated by collective bargaining agreements. Unions and employers are involved in drafting legislation, in particular legislation governing the labour market. Therefore, the Nordic labour market is characterized by a high degree of equality, security and consensus. The model has also played a crucial role in the evolution of the Nordic welfare society as we know it today. The Nordic countries are characterized by high employment and low unemployment. All countries have a well-working labour market. By international standards, a very high proportion of the adult population in the Nordic countries is economically active – both men and women. For more information:


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