Labour market glossary
Labour market and trade union vocabulary is closely connected with contractual and financial themes. Particularly this autumn, there has been talk of changes in the world of labour using diverse words. Here you can find the key terms for keeping up with the discussion.
A trade union or trade organisation aims to defend and develop the terms of employment of employees, i.e. its members. A trade union is a nationwide association that can have several subassociations. Trade unions are an integral part of trade organisation activities. In Finland, trade unions can be members of a confederation. Employees’ confederations include the Central Organisation of Finnish Trade Unions – SAK, Finnish Confederation of Professionals STTK and highly educated employees’ Akava. Employers have their own confederations, with the Confederation of Finnish Industries (EK) as their umbrella organisation.
Unemployment funds also pay job alternation compensation and training subsidies.