Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Redundancy warnings surge – unemployment remains stagnant

Warnings of redundancies are pouring in thick and fast. However, unemployment remains virtually stagnant, according to new figures from the Employment Agency.

» Updated: 16 July 2024, 16:23

» Published: 13 June 2024

Redundancy warnings surge – unemployment remains stagnant
Photo: Johan Nilsson/TT

Warnings of redundancies are becoming increasingly frequent. However, unemployment remains largely stagnant, according to new figures from the Employment Agency.

The number of redundancies has risen steadily throughout the spring and reached a historic high of 8,300 employees in May. This is the highest figure since the beginning of 2023, which was influenced by a single event (the massive redundancy notice from the healthcare company Humana, which was later withdrawn).

Otherwise, one would have to go back to the levels seen during the outbreak of the pandemic in the spring of 2020. The figure can also be compared to approximately 5,400 in May last year.

However, despite this, unemployment has not increased significantly so far, according to the Employment Agency's statistics. Although around 20,000 more people are registered as unemployed with the country's employment agencies than in May last year, unemployment has remained largely stagnant at around 6.5 per cent, adjusted for seasonal patterns, since the turn of the year.

Ahead of the summer, youth unemployment has increased slightly. By the end of May, 37,000 people aged 18-24 were registered as unemployed, which is 3,000 more than at the same time last year.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Higher costs hit SAS owner
1 MIN READ

Higher costs hit SAS owner

The Union Steps Up the Tesla Strike
1 MIN READ

The Union Steps Up the Tesla Strike

New French obstacles for Airbnb
1 MIN READ

New French obstacles for Airbnb

The Government Seeks Support for Those Affected by Northvolt
1 MIN READ

The Government Seeks Support for Those Affected by Northvolt

The regional tax will be raised next year
1 MIN READ

The regional tax will be raised next year

Astra Zeneca's China Chief Arrested by Police
1 MIN READ

Astra Zeneca's China Chief Arrested by Police

More rate cuts - but risk of turmoil with Trump
2 MIN READ

More rate cuts - but risk of turmoil with Trump

Svantesson: Trump's policy may increase inflation
2 MIN READ

Svantesson: Trump's policy may increase inflation

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Central Bank Economist: Central Bank Cuts Interest Rate Too Late
2 MIN READ

Central Bank Economist: Central Bank Cuts Interest Rate Too Late

How You Are Affected by Lowered Interest Rates
2 MIN READ

How You Are Affected by Lowered Interest Rates

Thedéen expects turmoil after Trump's victory
2 MIN READ

Thedéen expects turmoil after Trump's victory

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts

The Stockholm Stock Exchange Closed Up
1 MIN READ

The Stockholm Stock Exchange Closed Up

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange