This tag is associated with 6 posts

Sweden / Action on Youth Unemployment called for

Youth unemployment rates in the eurozone and the EU are now 24 per cent. Young people have a higher propensity for civil unrest than older people. The big surprise actually is that the young have been so compliant. It is surprising that social disorder has not occurred on a much greater scale than it has … Continue reading

Stockholm / Riots and immigration policy

The unrest has provoked intense soul-searching in a country that prides itself for both its generous welfare state and open immigration policy. Sweden accepted 44,000 asylum-seekers in 2012, up by nearly a half from a year earlier. Among industrial countries, it has the second-largest amount of asylum-seekers relative to its population, according to U.N. figures. … Continue reading

Ericsson / 318 Receive Layoff Notice in Sweden

LM Ericsson Telephone Co. (ERIC: Quote) Tuesday said it has initiated union negotiations to close down its telecom cables operation within business unit Networks. The decision primarily impacts the operations in Hudiksvall and Stockholm. A notice of reduction of 318 positions in Hudiksvall has been given, while a dialog with the unions in Stockholm for … Continue reading

Sweden Unemployment Rose in January as Debt Crisis Hits Demand – Bloomberg

Swedish unemployment rose more than estimated last month as Europe’s debt crisis weighs on demand in the largest Nordic economy. The non-seasonally adjusted unemployment rate, based on a survey of about 29,500 people, rose to 8.0 percent from 7.1 percent the prior month, Stockholm-based Statistics Sweden said today. The median estimate of 13 economists surveyed … Continue reading

Ingves Says Swedish Home Prices May Drop Further as Growth Slows – Businessweek

Swedish house prices may drop further as the largest Nordic economy risks falling into a recession, according to Riksbank Governor Stefan Ingves. “It’s not unreasonable to assume that house prices may fall a bit, or at least park at today’s level,” Ingves said yesterday in an interview in Stockholm. “The pace of lending is significantly … Continue reading

NZ | Foreign ministry to cut jobs in radical restructure | NATIONAL News

Most of the Ministry and Foreign Affairs 600 staff will have to reapply for their jobs under a radical restructuring proposal that could see up to 300 jobs go and lucrative allowances for staff on overseas postings whittled back to boost pay packets back home. Staff will be told on Thursday about proposals to cull … Continue reading

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