Finland’s Liikanen discusses causes of youth unemployment


Erkki Liikanen, governor of the Bank of Finland, delivered a speech on May 30 about the "shocks and institutions" behind youth unemployment in Europe.

Speaking at the University of Tartu in Estonia, the governor described the rise in youth unemployment since the start of the financial crisis as "stupefying".

The governor said young workers were easily used as "labour buffers" when employers adjust the size of their workforce. He also suggested "dual employment protection legislation (firing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: