Can you add in the title that this is about Finland, please?
Edit: Thanks.
Uneemployymeentii cliimbs tiil 10.6%, markiitiissii bliiki poiitii siincii 2009
Vittu satanaa!
You forgot at least one i
A Møøse once bit my sister …
No realli! She was Karving her initials on the møøse with the sharpened end of an interspace tøøthbrush given her by Svenge - her brother-in-law - an Oslo dentist and star of many Norwegian møvies: “The Høt Hands of an Oslo Dentist”, “Fillings of Passion”, “The Huge Mølars of Horst Nordfink”.
Any finn to willing to contribute some context?
I’m not Finnish, but:
The two key bits that seem relevant:
Finland has been hurt by weak demand in Europe – most notably in its key export market, Germany – as well as sanctions against neighbouring Russia.
“We must remember that unemployment reacts to economic shifts with a delay,” he said. “That’s why unemployment is often at its highest when the economic cycle is already headed in a better direction.” BLOOMBERG
So some of that is going to be disruption from businesses that exported to Russia and aren’t and them getting around to layoffs and some of that is due to weak exports to Germany. I don’t know what the story is in Germany, but I have read some articles about Germany seeing fallout from impact of high energy prices on energy-intensive industry and weak exports to China. If that’s the case, I’d guess that both factors are at least partly related to the war in Ukraine.
https://www.france24.com/en/live-news/20250115-german-economy-shrinks-again-amid-political-crisis
https://www.ft.com/content/509901c4-1c5e-463a-a019-e0b4de97e9f6
The new outlook suggests that Germany’s GDP will only rise back to its pre-recession levels by late 2026.
The context is the conservatives took over and started doing austerity programs with the exact same result and bullshit lines they use to excuse the results in every country they happen to.
