Newsletter April 21, 2023

Backlog of first-time applications at the start of the year

At the start of the year, you may have had to wait more than 20 days for a daily allowance, especially if it was paid on the basis of a first-time application. We are sorry about the delay.

As you know, YTK Unemployment Fund is the largest unemployment fund in Finland, and we have a lot of unemployed members. We may pay daily allowances to approximately 40,000 people every month. Most of these payments are based on follow-up applications where the information has already been filled in and the applications do not change. Such applications are largely processed automatically, leading to swift decisions and payments.  

However, some applications are first-time applications, and additional information is often needed to process them. When we receive a surprisingly large number of these applications, some delays may occur as we process them. This happened at the start of this year when we received more first-time applications than we had forecast.

Election results affect earnings-related unemployment security

The election result signals a shift to the right in Finnish politics. The means of balancing public finances will be a key issue when the new government is formed. A right-leaning government appears the most likely outcome. The election manifestos of right-leaning parties included reforms that can be interpreted as weakening unemployment security.

Get the most out of our wide range of career services!

As a member of the YTK, you can also choose a combined membership. For an annual fee of just 24 euros, combined members get access to extensive career services such as training courses, legal counsel for employment issues, work and leisure time insurance and other benefits and discounts on top of the unemployment fund’s services. Work life services are provided by the YTK Work Life Association.

Online job search coaching and personal career guidance

The combined membership includes, among other benefits, online job search coaching, where you will receive practical tools and personal career coach guidance to support your employment. You will learn to identify your skills, design a CV and job application and prepare for a job interview, for example. 

Online trainings for job search

Free training for combined members on job search and the development of working life skills can be found in the Online Training Library for Working Life

Please note! To access and listen to the courses, you must be registered as a user of the online training library. If you are already a user, log in and click directly on the trainings from the links above. If you have not yet registered for the service, you can do so in the OMA+ service (Webinars and trainings) of combined members of the YTK.

Let us help you succeed in your job search!