The labour costs in employment services in Finland have exhibited consistent growth from 2013 to 2023, increasing from 1.41 billion euros to 2.75 billion euros. Year-on-year variation peaked in 2017 at 13.59%, with subsequent years showing more moderate increases, including 3.5% in 2023. Over the last two years, the trend has continued to rise steadily, albeit at a slower pace. The five-year CAGR as of 2023 stands at 3.4%, reflecting a general deceleration from previous periods.
The forecasted data from 2024 to 2028 predict a continuous upward trajectory, with the CAGR for this period expected to average 2.33%. By 2028, labour costs are anticipated to reach 3.19 billion euros, marking a 12.23% overall growth from 2023.
Future trends to watch for include the impact of automation and digitalization on employment services, the potential influence of economic policy changes, and shifts in the labour market due to technological advancements and demographic changes.
