General strike declared in Israel by the trade union umbrella organization Histadrut after six people held hostage by Hamas were found dead in Gaza. Several municipalities are also shutting down to allow employees to join the massive protests being organized in the country.
WorldA welcome budget message that is applauded from several directions. Now the big question is what the money will be spent on. The Swedish Trade Union Confederation (LO) wants, among other things, to see increased child benefits, while the Confederation of Swedish Enterprise (Svenskt näringsliv) is calling for tax reforms.
BusinessThe Government estimates that they can invest 60 billion kronor in new reforms in the state budget for next year. Households can count on more money in their wallets.
BusinessBoth LO and Svenskt Näringsliv are now putting pressure on Finance Minister Elisabeth Svantesson (M) to present an expansive autumn budget. It's time to climb out of the sandbox and get the workshop going again, says LO Chairman Johan Lindholm.
BusinessThe question of reduced working hours is high on the agenda for several trade unions. It is the most important issue for the members right now, says the chairman of the Swedish Association of Health Professionals, Sineva Ribero.
BusinessHotel and Restaurant Workers' Union's national chairman Malin Ackholt and vice chairman Pim van Dorpel are leaving their positions.
BusinessThe weak krona has boosted Swedish export industry – something LO thinks the workers haven't got a share of. We cannot enter into a bargaining round relying on the krona continuing to weaken. It could just as well strengthen ahead, says Swedish Enterprise's chief economist Sven-Olov Daunfeldt.
BusinessCompanies compensated themselves with higher prices. They did not do so with wages. As a result, the owners' share of profits rose to historically high levels during the inflationary years. Therefore, there is a potentially larger room for wage increases ahead, says LO economist Torbjörn Hållö.
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