• Sweden's news in English

Jobs dominate spring budget

TT/The Local · 16 Apr 2007, 13:35

Published: 16 Apr 2007 13:35 GMT+02:00

Facebook Twitter Google+ reddit

On Monday morning Anders Borg presented a spring budget characterized by a slew of reforms and tax cuts.

As Borg embarked on his first 'budget walk' from the finance department to the Riksdag, he was confident that the proposals would give results.

"For the first time Sweden has a government that will bring about a lasting increase in regular employment," he said.

But Borg added that the government is not yet satisfied. In order to further reduce unemployment, the government is set to invest in four major packages: one each for entrepreneurship, integration, young people and jobs.

On December 1st the government is to introduce its controversial jobs guarantee for young people, to be followed next year by new apprenticeship courses at upper secondary level gymnasium schools.

The government has also set aside 3.6 billion kronor ($517 million) for the integration of newly arrived immigrants. Municipalities with healthy labour markets are also to be provided with financial incentives to take in larger numbers of immigrants.

People on early retirement schemes returning to part time work will be eligible for an extra 1,500 to 5,000 kronor ($200-700) per month, according to Borg.

In other reforms, the government is to move a step closer to the abolition of advertising tax. Also, as previously announced, wealth tax and residential property tax are to be removed.

Funds are also to be set aside for environmental programmes, care for the elderly, and the renovation of JAS Gripen fighter planes.

Job creation is at the centre of the government's proposals. One billion kronor is to be spent on 'introductory jobs', whereby local councils are to make it easier for unemployed immigrants to join the labour market.

Pär Nuder, the Social Democrats' economic spokesman, was critical of the budget.

"The government seems to believe that justice has to be sacrificed for an economy to thrive. It doesn't need to be like that," he said, pointing to growth figures during the previous government's final year in power.

Nuder was particularly critical of the government's jobs guarantee for young people.

"The jobs guarantee is a guarantee for lower pay and tougher conditions," he said.

The former finance minister also accused the government of pushing through irresponsible policies, such as the abolition of wealth tax.

"The result will be higher interest rates," said Nuder.

Story continues below…

The government's commitment to getting the long-term unemployed back into the labour market comes with a 10 billion kronor price tag. The new 'jobs and development guarantee' is estimated to affect 62,000 people and is the largest and most expensive package in the budget.

Företagarna, the Federation of Private Enterprises, has welcomed many of the governments proposals.

Johan Kreicbergs, Företagarna's chief economist was positive towards changes in the payment periods for VAT and the introduction of apprenticeship courses at upper secondary level gymnasium schools, which he hopes will help alleviate the problem many companies have of finding qualified workers.

Kreicbergs is however critical of the government's failure to improve security for people who run their own businesses.

"Solutions need to be found that will encourage more people to start companies. As it stands, many people can never be away from their company. The government has promised to look into this but we haven't seen anything yet," he said.

TT/The Local (news@thelocal.se)

Facebook Twitter Google+ reddit

Today's headlines
This is the new top boss of Swedish Ericsson
Börje Ekholm. Photo: Magnus Hjalmarson Neideman/SvD/TT

Telecoms giant Ericsson has appointed a new CEO after a turbulent year for the company.

These are Sweden's best universities: ranking
A new university ranking has been released. Photo: Cecilia Larsson Lantz/Imagebank.sweden.se

At least according to this global ranking, which picks 12 Swedish universities among the top-1000.

Swedish pharmacies restrict paracetamol sales for teens
The move is intended to cut paracetamol overdoses. Photo: Nora Lorek/TT

Sweden's pharmacies are banning teens under 18 from buying more than one pack of pills at a time.

The Local List
12 Swedish words with just awesome literal translations
A filthy-minded lobster, i.e. a snuskhummer. Photo: Gorm Kallestad/NTB scanpix/TT

One of our favourite things about the Swedish language is its wonderful compound words, which range from being utterly bizarre to making perfect sense.

Rwandan genocide suspect held in Sweden
A memorial centre in Kigali, Rwanda. Photo: Ben Curtis/AP

A man has been arrested in Sweden suspected of involvement in the 1994 Rwandan genocide which claimed 800,000 lives.

Sweden can extend border controls, EU says
A police officer carrying out a check at Sweden's border with Denmark. Photo: Emil Langvad/TT

EU countries including Sweden should be granted permission to extend temporary border controls by a period of a further three months, the European Commission has decided.

Nobel Prizes
'I'd say he's arrogant but I'd be lying': Swedes on Bob Dylan
Bob Dylan performing in France. Photo: David Vincent/AP

Almost two weeks have passed since Bob Dylan was awarded the Nobel Prize in Literature and he has yet to acknowledge the win. The Local asked Swedes what they think of the singer's silence.

Sweden cuts 2016 refugee forecast by thousands
A Swedish migration authority office in Stockholm. Photo: Maja Suslin/TT

The country has also slashed its prediction for 2017.

Swedish researchers plan new trucks for women drivers
File photo of trucks in Sweden. Photo: Thomas Johansson/TT

Could vehicles adapted for women attract more female truckers to the profession?

These stats show Swedish driving isn't so gender equal
File photo of a Swedish woman driving a car. Photo: Pontus Lundahl/TT

A new survey shows that few Swedish women get behind the wheel when driving with their male partner.

Sponsored Article
Last chance to vote absentee in the US elections
Property of the week: Kungsholmen, Stockholm
Sponsored Article
This is Malmö: Football capital of Sweden
The Local Voices
'I simply don’t believe in nationality'
Why we're convinced Game of Thrones is based on Sweden
Blog updates

6 October

10 useful hjälpverb (The Swedish Teacher) »

"Hej! I think the so-called “hjalpverb” (auxiliary verbs in English) are a good way to get…" READ »


8 July

Editor’s blog, July 8th (The Local Sweden) »

"Hej readers, It has, as always, been a bizarre, serious and hilarious week in Sweden. You…" READ »

Sponsored Article
Where is the Swedish music industry heading?
People-watching: October 21st-23rd
Sponsored Article
Why you should 'grab a chair' on Stockholm's tech scene
Fury at plans that 'threaten the IB's survival' in Sweden
Analysis & Opinion
Are we just going to let half the country die?
Angry elk chases Swede up a lamp post
Sponsored Article
Stockholm: creating solutions to global challenges
The Local Voices
'Alienation in Sweden feels better: I find myself a stranger among scores of aliens'
Sponsored Article
Swedish for programmers: 'It changed my life'
People-watching: October 20th
The Local Voices
A layover at Qatar airport brought this Swedish-Kenyan couple together - now they're heading for marriage
Sponsored Article
Top 7 tips to help you learn Swedish
Swede punches clown that scared his grandmother
Sponsored Article
‘Extremism can't be defeated on the battlefield alone’
Fans throw flares and enter pitch in Swedish football riot
Could Swedish blood test solve 'Making a Murderer'?
Sponsored Article
Stockholm: creating solutions to global challenges
Property of the week: Linnéstaden, Gothenburg
Sponsored Article
Why you should 'grab a chair' on Stockholm's tech scene
Swedish school to build gender neutral changing room
Sponsored Article
Where is the Swedish music industry heading?
People-watching: October 14th-16th
Sponsored Article
One expat's strategy for making friends in Stockholm
Man in Sweden assaulted by clowns with broken bottle
Sponsored Article
Nordic fashion in focus at Stockholm University
Nobel Prize 2016: Literature
Watch the man who discovered Bob Dylan react to his Nobel Prize win
Record numbers emigrating from Sweden
People-watching: October 12th
The Local Voices
'Swedish startups should embrace newcomers' talents - there's nothing to fear'
How far right are the Sweden Democrats?
Property of the week: Triangeln, Malmö
Sweden unveils Europe's first elk hut
People-watching: October 7th-9th
The Local Voices
Syria's White Helmets: The Nobel Peace Prize would have meant a lot, but pulling a child from rubble is the greatest reward
jobs available