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Delayed spending yields €7.1 million interim surplus for Tampere employment area

· 2 hours ago
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Tampere's employment area posted a €7.1 million operating surplus for the reporting period, largely due to delayed service purchases, slower recruitments and underspending on subsidies and grants.

Tampere's employment area posted a €7.1 million operating surplus for the reporting period, the City of Tampere said.

The result is €7.7 million better than the annual plan, mainly because costs have been lower than expected: purchases of services have been pushed to the end of the year, recruitments are still underway and subsidies and grants have been paid out less than planned. Officials expect the year-end forecast to return to the planned break-even result after adjustments.

Specific underspending includes wage subsidies, forecast to come in €3.2 million below plan, and youth recruitment support, €2.1 million below plan, with some state aid for youth measures carried into 2027. Recent state funding of about €2 million should cover part of the Youth NOSTE neighbourhood pilot, which aims to boost young people's access to jobs, education and wellbeing services.

Regina Saari, director of employment and growth, said the review shows operations and finances are on a stable footing and emphasised that every euro must target effective job mediation and skills needs.

Officials warn that an economic downturn and rising unemployment would increase unemployment security costs and the risk of marginalisation. The employment area plans to respond with tighter cooperation between employers, the third sector and education providers. It will also work to improve access to international labour and maintain job-matching services and multi-agency support with the welfare area.

The result follows earlier reporting that the employment area met most of its targets in 2025 and planned refunds to member municipalities the area's March report. It also comes amid warnings that rising unemployment is driving a wider municipal deficit for the city the autumn budget review.

Catch the full story over at City of Tampere

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Artist: Vitaly Gariev

License: Unsplash License

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