Editing Economy of Finland (section)

===Job market===
According to the OECD, Finland's [[job market]] is the least flexible of the Nordic countries.<ref name="nordicmodel"/> Finland increased job market regulation in the 1970s to provide stability to manufacturers. In contrast, during the 1990s, Denmark liberalised its job market, Sweden moved to more decentralised contracts, whereas Finnish trade unions blocked many reforms. Many professions have legally recognized industry-wide contracts that lay down common terms of employment including seniority levels, holiday entitlements, and salary levels, usually as part of a [[Comprehensive Income Policy Agreement]].<ref name="nordicmodel"/> Those who favor less centralized labor market policies consider these agreements bureaucratic, inflexible, and along with tax rates, a key contributor to unemployment and distorted prices.<ref>{{cite web|title=Yrityskohtaiset palkkaratkaisut – Yritysten kokemuksia ja vihjeitä toteutukseen|language=fi|url = http://www.ek.fi/ek/fi/tutkimukset_julkaisut/2011/10_loka/Yrityskohtaiset_palkkaratkaisut.pdf|date =2001 |publisher = Elinkeinoelämän keskusliitto |archive-url=https://web.archive.org/web/20130513162820/http://www.ek.fi/ek/fi/tutkimukset_julkaisut/2011/10_loka/Yrityskohtaiset_palkkaratkaisut.pdf|archive-date=13 May 2013}}</ref> Centralized agreements may hinder structural change as there are fewer incentives to acquire better skills, although Finland already enjoys one of the highest skill-levels in the world.<ref name="oecd2004"/><ref name="nordicmodel"/>