employment

Detailed contents of the emergency provisions in the Collective Agreement for Opticians and employment legislation

The Finnish Commerce Federation and the Union of Private Sector Professionals ERTO have agreed on changes to the Collective Agreement for Opticians in accordance with the recommendations of the central labour market organisations in relation to the coronavirus pandemic. The changes apply to the notice period for lay-offs, the negotiating period for co-operation negotiations and the re-employment of dismissed employees.

Detailed contents of the emergency provisions in the Collective Agreement for Commercial Transport Workers and employment legislation

The Finnish Commerce Federation and the Transport Workers’ Union AKT have agreed on changes to the Collective Agreement for Commercial Transport Workers in accordance with the recommendations of the central labour market organisations in relation to the coronavirus pandemic. The changes apply to the notice period for lay-offs, the negotiating period for co-operation negotiations and the re-employment of dismissed employees.

Specialty goods got retail trade growing – international competition intensifies

Retail business turnover developed well in 2019. A spike in specialty and department store trade during late summer and autumn sped up the growth. However, the employment rate of the retail sector dropped from last year due to increased efficiency of supply chains and operations as well as automation and international competition, among other things.

The retail sector reaches its economic peak – companies disappearing poses a future threat

The business sector has been growing at a rate of around two per cent per year for the past few years now. Next year, the growth will slow down, but it will not stop. However, the turnover growth* in wholesale slowed down already last year and has even contracted slightly since the beginning of this year. According to the Finnish Commerce Federation’s forecast, the next decade will bring about great changes to corporate structures and the number of companies in the commerce sector. This will also be reflected in employment.