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Swedes express increased job market pessimism

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Swedes express increased job market pessimism
08:48 CEST+02:00
Nearly two of three Swedes believe that unemployment is on the rise, according to a new survey.

The results are the most pessimistic of the last eight years that the Skop polling company has asked Swedish households about the labour market.

Skop's employment index now sits at -43.7, down 14.6 points since June.

Since reaching its high mark of 41.1 points in June 2007, the index has dropped 84.8 points.

At the same time, optimism is a bit greater when it comes to private sector workplaces, with 15 percent believing in personnel cuts, while 31.6 percent expect an increase in staffing, which represents a small increase.

The survey included interviews with 1,100 people conducted between August 18th and September 10th.

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