# Labour Institute for Economic Research

> nonprofit organization in Helsinki, Finland

**Wikidata**: [Q11886507](https://www.wikidata.org/wiki/Q11886507)  
**Source**: https://4ort.xyz/entity/labour-institute-for-economic-research

## Summary
The Labour Institute for Economic Research is a nonprofit organization based in Helsinki, Finland, established in 1971. It operates as a research institute focused on economic studies, providing data-driven insights to inform policy and public discourse. As a key institution in Finland, it contributes to understanding labor markets and socioeconomic trends.

## Key Facts
- Founded in 1971 in Helsinki, Finland.
- Nonprofit organization classified as a research institute.
- Official website: http://www.labour.fi.
- Coordinates: 60.176953° N, 24.948994° E.
- Identifiers: ISNI 0000000404103816, ROR ID 059s74574, VIAF ID 135843505, GRID ID grid.460514.2.
- Also known as *Löntagarnas Forskningsinstitut* (Finnish: *Palkansaajien tutkimuslaitos*).
- Library of Congress authority ID: n98014348.
- Finnish National Bibliography Corporate Name ID: 55217A.

## FAQs
### Q: When was the Labour Institute for Economic Research founded?
A: The institute was established in 1971.

### Q: Where is the Labour Institute for Economic Research located?
A: It is based in Helsinki, Finland, at coordinates 60.176953° N, 24.948994° E.

### Q: What type of organization is the Labour Institute for Economic Research?
A: It is a nonprofit research institute focused on economic and labor-related studies.

## Why It Matters
The Labour Institute for Economic Research plays a critical role in Finland’s socioeconomic landscape by conducting rigorous economic research. Since its founding in 1971, it has provided impartial analysis on labor markets, income dynamics, and employment policies, directly informing decision-making at national and regional levels. As a nonprofit entity, it maintains independence from political or commercial interests, ensuring credibility in its findings. Its work supports evidence-based policymaking, contributes to public understanding of economic challenges, and fosters dialogue between researchers, policymakers, and the general public. By addressing topics such as wage disparities, workforce development, and economic inequality, the institute helps shape strategies to promote sustainable growth and social equity in Finland.

## Notable For
- **Longstanding Impact**: One of Finland’s oldest economic research institutes, active since 1971.
- **Nonprofit Structure**: Maintains impartiality through its nonprofit model, distinct from commercial or government-affiliated entities.
- **Specialized Focus**: Concentrates on labor economics and socioeconomic issues relevant to Finnish society.
- **Authoritative Identifiers**: Recognized globally through standardized IDs (e.g., ISNI, ROR, VIAF), ensuring transparency and accessibility of its work.

## Body
### Founding and History
- Established in **1971** in Helsinki, Finland.
- Operates under the alias *Löntagarnas Forskningsinstitut* (Swedish) and *Palkansaajien tutkimuslaitos* (Finnish).
- Recognized in the Finnish National Bibliography under ID **55217A**.

### Location and Structure
- Headquartered in **Helsinki** at coordinates **60.176953° N, 24.948994° E**.
- Functions as both a **research institute** and **nonprofit organization**, emphasizing economic and labor-focused studies.

### Identifiers and Classifications
- **ISNI**: 0000000404103816  
- **ROR ID**: 059s74574  
- **VIAF ID**: 135843505  
- **GRID ID**: grid.460514.2  
- **Ringgold ID**: 3845  
- **Library of Congress Authority ID**: n98014348  

### Online Presence
- Official website: **http://www.labour.fi**.
- Primary digital portal for disseminating research findings and institutional information.

## References

1. GRID Release 2017-05-22
2. Aligned ISNI and Ringgold identifiers for institutions