Finland clings to happiness crown as economic gloom deepens
Finland's strong social support and resilience sustain happiness despite a 10.3% unemployment rate and welfare cuts, says the World Happiness Report.
- This year, Finland again topped the World Happiness Report despite grappling with economic stagnation and strained public finances, experts say high life evaluations reflect resilience and collaboration.
- Facing higher social costs from an ageing population, ministers began trimming welfare as a long-term post-Nokia export slump and Russia sanctions weakened growth prospects.
- Statistics Finland reported unemployment rose to its highest in at least 15 years with youth joblessness substantially higher, and the Bank of Finland lowered its growth outlook for this year.
- Minister of Employment Matias Marttinen defended the right‑wing coalition government's pruning of unemployment and housing benefits and some medical facilities as the European Commission considers an Excessive Deficit Procedure.
- John Helliwell and other experts point to resilience over short‑term economics, Gallup's next year survey shows stable happiness, while Juho‑Pekka Palomaa's public acts highlight hardship amid national well‑being.
15 Articles
15 Articles
A hard economic wind strikes the happiest country in the world, Finland. But after 1,000 days of unemployment, Juho-Pekka Palomaa, 33, has not been beaten by the problems of the country in northern Europe. Finland faces economic stagnation, rising unemployment and public finances in crisis, but still managed to secure the title of the happiest country in the world for the eighth year in a row, according to this year's World Happiness Report, pre…
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The World Happiness Report is released annually. It is widely considered a benchmark of how people feel about the nations where they live. Gallup did the research. It includes 147 countries. Quick Read The World Happiness Study Just Came Out Afghanistan Ranked Last. Annuities today are more compelling than they have been in years. It’s possible to generate guaranteed income for 3-10 years with as little as $1,000. It’s nuts more people don’t…
Economic difficulties are generating a climate of prosperity in the happiest country in the world. But even after almost three years of unemployment, Juho-Pekka Palomaa, 33 years old, has not yet been overcome by the problems of Finland. The country has faced economic stagnation, increased unemployment and weakened public finances, but has also been able to guarantee the world's happiest country by the eighth consecutive year, according to the W…
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- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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