Employers: "Completely Unrealistic"

Completely unrealistic. This hits employment. That's what the comments from the employers sound like on the unions' wage demands.

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Employers: "Completely Unrealistic"
Photo: Fredrik Sandberg/TT

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It is a high demand, a worrying demand. We see nothing in the economic fundamentals that support these wage demands, says Per Widolf, chief negotiator for the Industrial Employers.

It will hit growth and employment, he continues.

"Completely unrealistic", comments another of the employer organizations, IKEM.

"It would lead to a deteriorated Swedish competitiveness and hit both jobs and welfare, and also risk driving up inflation", says Henrik Stävberg, chief negotiator, IKEM, in a written comment.

That Swedish industry, as the unions claim, would have strengthened its international competitiveness and thus be able to afford slightly higher wage increases than before the inflation years, is not something the employers buy. Many companies are warning of layoffs, are struggling with higher prices and high interest rates, according to Per Widolf.

So I don't recognize myself in that picture.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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