Brighter job market, fewer layoffs
Photo: Jonas Ekströmer/TT

Brighter job market, fewer layoffs

Fewer workers are being laid off, especially in the construction industry, new figures show. In the first quarter, 26 percent fewer workers received restructuring support, according to TSL.

During the first quarter, approximately 4,000 people were granted transition support from the TSL Security Fund, a kind of employment agency for LO members whose employer is affiliated with TSL through a collective agreement.

That was 26 percent fewer than a year earlier.

"This indicates that the labor market is stabilizing, even though uncertainty in the outside world remains. However, how the consequences of the geopolitical situation may affect the labor market is still difficult to assess," said Caroline Söder, CEO of TSL, in a comment.

The decline in the number of layoffs that end up at TSL applies to all industries. The fall is largest in the construction sector, down 67 percent.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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