Structural Change in the ICT Sector – Where Have Former Nokia Employees Ended up?

Abstract

This study examines the employment status of workers who left Nokia during the period 2009–2014. The results reveal that the workers were quite successful in finding employment. According to the latest available data, more than three-quarters of these individuals found a new job, while the share of unemployed was 9.6 percent. The remaining share of ex-employees retired or started to study. Workers with higher education and workers who had held senior officer positions at Nokia were more successful in finding a new job than others. New jobs were often found in the service sector. Some regional differences existed in the employment of the former Nokia employees: finding employment was more successful in North Ostrobothnia, Uusimaa and Central Finland than in Southwest Finland.

Publication info

Results of research
Reigniting growth through innovation
Research group
Macroeconomy and public finances
Series
ETLA Raportit - Reports 108
Date
18.01.2021
Keywords
ICT, Structural change, Nokia, Employment, Employee, Personnel, Find employment
ISSN
2323-2447, 2323-2455 (Pdf)
JEL
J01, J21, J23, J64, L16
Pages
17
Language
Finnish