Nordic Lessons for an Inclusive Recovery? Responses to the Impact of COVID-19 on the Labour Market

image of Nordic Lessons for an Inclusive Recovery? Responses to the Impact of COVID-19 on the Labour Market

This report examines the impact of the COVID-19 pandemic on Nordic labour markets and the associated policy responses undertaken in the areas of unemployment benefits, job retention schemes, active labour market policies and skill development policies. The report discusses the details of these policy measures across Nordic countries and draws out the main lessons learned from their response to the crisis. Finally, the report provides a set of key recommendations in each policy area to enable Nordic countries to build more inclusive and resilient labour markets in the post-pandemic period.


Developing skills for the recovery

Skills shortages are one of the most pressing issues for long-term resilience in the Nordic countries. The COVID 19 crisis highlighted the challenges faced by otherwise high-performing skill development systems in adapting quickly to sudden changes in the labour market. Lessons can be learned from the adjustments countries made during the pandemic to improve their responsiveness to changes in skills demand and supply and to strengthen skills matching in the long term. This chapter provides an overview of the demand for and supply of skills in the Nordic countries, their adult education and training systems and patterns of participation in training. It then discusses the measures taken in the context of the pandemic, namely: i) the mechanisms used to stimulate demand for training and their impact; ii) the support provided to ensure training supply and take-up; and iii) the role of the social partners as negotiators, advisers, and decision-makers.




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