Labour markets

On this page, you will find all content related to the labour markets in the Nordic countries.

Wage policies in the 1950s led to greater wage equality.

2019.02.18 | The Quick Read, John Logue, Law, Labour markets

Solidaristic wage policy

Solidaristic wage policy refers to the practice, noticeably carried out in Sweden during the 1950s, of limiting wages in the most profitable sectors and increasing wages in less profitable sectors. It was carried out in order to achieve more equal wages on a national basis. It also had the consequence of heightening economic competitiveness…

A poster from a 2010 demonstration against the Danish government's plan to pass a number of money-saving measures including reduce the period of unemployment compensation from four to two years. The law was subsequently passed. Photo: Musernes Samlinger (Arbejdermuseet).

2019.02.15 | Article, John Logue, Labour markets, Democracy

Labour markets in the Nordics

National labour markets in the Nordic countries reflect trade union and Social Democratic principles of full employment and solidarity, while conforming to the conditions of capitalist market economies. They combine high levels of labour force participation with excellent systems of unemployment compensation. Throughout the region there is now a…

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