Swedish employers are giving a relatively optimistic job forecast for the second quarter, with large differences at the industry level. In a global comparison, Europe, with an overall job forecast of +20 percent, continues to lag behind both North America and Asia, which provide employment forecasts of +34 and +30 percent respectively. The global average is +25 percent.
Some optimism in the Swedish labour market ahead of the second quarter
Swedish employers are giving a relatively optimistic job forecast for the second quarter. At the same time, there are large differences at the industry level – in the transport, logistics and automotive industries, the willingness to recruit is increasing sharply, while energy and utilities believe in a reduced workforce during the quarter.
Swedish industry forecasts
The difference between different industries is large. While the service industry, the IT industry, and the banking, finance, and real estate industries show strong confidence in the future with forecasts of over +20 percent, the energy and utilities industry believes in a reduced workforce, with a forecast of -8 percent. The telecom and media industry also gives an uncertain forecast of +3 percent.
Industries with the Strongest Job Forecasts
The regions' employment forecasts
Europe is falling behind
In a global comparison, Europe, with an overall job forecast of +20 percent, continues to lag behind both North America and Asia, which provide employment forecasts of +34 and +30 percent respectively. The global average is +25 percent, with strongest forecasts coming from: