Description

Country
Focus area
The Occupational Barometer is provied by the employment offices to understand the development prospects in key occupations in the near future. The occupational barometer is carried out twice a year. It aims to increase the balance between job seekers and vacancies and promote occupational and regional mobility.
Implementation level
At what level is the initiative implemented?
National
Starting period
TIMESPAN: In what year did the initiative commence?
It appears to have been launched in 2010.
Policy area
To which POLICY AREAS(s) does the initiative apply?
Funding
How it is funded?
Funded by national government

Skill mismatch

Skill mismatch target
What type(s) of skills MISMATCH does the initiative aim to addresses?
Skill shortages (employers cannot fill their vacancies due to a lack of skills in the labour market)
Other
Regional mobility of skills to ensure the utilization of workers' skills
Skills matching focus
How does  the initiative address skills mismatches?
The Occupational Barometer delivers information about the skill shortage/surplus in different sectors and regions of Finland
The Occupational Barometer delivers information about the skill shortage/surplus in different sectors and regions of Finland

Methods

Methods
What methods of undertaking skills assessments and / or skills anticipation does the policy instrument utilise?
Skills forecasting
The Occupational Barometer uses labour market prospects of professions to make assessments of skills needed within the near future
Employer surveys
The Occupational Barometer uses company interviews to make assessments of skills needed within the near future
Skills foresight
The Occupational Barometer uses labour market prospects of professions to make assessments of skills needed within the near future
Real-time labour market information (e.g. big data analysis of job advertisements, CVs)
The Occupational Barometer uses information from employer- and jobseeker interfaces to make assessments of skills needed within the near future
Use of skills intelligence
How is labour market information / skills intelligence used within the initiative?
Because the Occupational Barometer visualizes regional and sectoral skill shortage/surplus, jobseekers can enhance the likelihood of getting a job by being strategic according to the information in the Occupational Barometer.

Stakeholders

Main responsible body
Main body or organisation with overall responsibility for the initiative.
National PES
Employment office
Other involved organisations
Which other organisations have a role in the initiative?
National ministry
Ministry of Economic Affairs and Employment. Deliver statistics for the assessments.
Beneficiaries
Who are the intended beneficiaries?
Other
The beneficiaries are jobseekers in general because the Occupational Barometer helps to visualize which sectors are having skill shortage/surplus, and this visualization can help jobseekers to be strategic in their jobseeking

Sustainability

Success factors
SUCCESS FACTORS in the implementation
The Occupational Barometer aims to increase the balance between job seeking and job vacancies, and promote occupational and regional mobility. However, these criterias are not being evaluated.
Barriers
BARRIERS in the implementation
The education level of the public can be a barrier, the same goes for reluctancy to move to another region. https://www.finnwards.com/working-in-finland/what-type-of-workers-finla…
Monitoring and evaluation
MONITORING and EVALUATION: Is progress measured regularly? What are the indicators used to measure progress of the policy instrument? Have any evaluations been conducted?
There is no evaluation of the Occupational Barometer.
Updates
UPDATES: whether there have been any major updates of the initiative since it has been implemented?
No
Effectiveness
EVIDENCE ON EFFECTIVENESS: How effective is the policy instrument?
Since there is no evaluation of the Occupational Barometer, it is not possible to assess the effectiveness of it.
Sustainability
SUSTAINABILITY: How sustainable is the policy instrument? Do you expect the instrument to continue over the next few years and why?
The Occupational Barometer was introduced ten years ago. It is a well-used barometer among several actors and it is referred to among the governmental institutions - especially during the covid-19 pandemic.

Other instruments in Finland