Continued high numbers of layoffs in the job market

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Continued high numbers of layoffs in the job market
Photo: Johan Nilsson/TT

Notices of layoffs increased in October and are at high levels. However, the Public Employment Service's unemployment statistics are uncertain due to the new unemployment insurance fund.

Nearly 6,200 people were given notice of layoffs in October, which compares to almost 5,700 in the same month last year, according to statistics from the Swedish Public Employment Service.

357,000 people were registered as unemployed, which is fewer than the same month last year. This means that unemployment has fallen from 6.9 to 6.8 percent.

But the Swedish Public Employment Service is unsure whether the statistics are comparable with previous figures because the new unemployment insurance fund that was introduced on October 1 affects the figures.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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