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MNI INTERVIEW (RPT): Swedish Data May Reflect Worker Shortages

(MNI) London

Sweden’s National Institute finds confidence plunging but suspects firms may struggle to fill vacancies.

(Repeats article first published on June 30)

Robust corporate hiring plans reported together with plunging consumer confidence in the latest survey by Sweden’s National Institute of Economic Research may partly reflect problems in filling vacancies, though the discrepancy between the two measures may eventually narrow if unemployment remains contained, NIER division head Fredrik Johansson-Tormod told MNI.

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(Repeats article first published on June 30)

Robust corporate hiring plans reported together with plunging consumer confidence in the latest survey by Sweden’s National Institute of Economic Research may partly reflect problems in filling vacancies, though the discrepancy between the two measures may eventually narrow if unemployment remains contained, NIER division head Fredrik Johansson-Tormod told MNI.

Keep reading...Show less