Economy
The business district in the city's economy is centred around the Port of Turku and other service-oriented industries. The city is also a renowned high-tech centre – the Turku Science Park area in Kupittaa hosts over 300 companies from the fields of biotechnology and information technology, as well as several institutions of higher learning that work in closely with the business sector. This cooperative element is seen as a particularly important factor with regards to the city's expected future economic development, as outlined in the Turku Strategy that is published annually by the city council.
As of 2007, the city's unemployment rate is 9.4%. The problem of unemployment is however troublesome in the districts of Pansio, Lauste, and Varissuo, where it hovers at around 16%.
Read more about this topic: Turku
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)