“There are fewer employment sectors facing labour shortages,” said Håkan Gustavsson, analyst at Sweden’s national employment agency (Arbetsförmedlingen), in a statement.
“But in five or ten years, there will be an expected labour shortage in more sectors due to the large number of people retiring and too few people being educated.”
The overall level of employment is expected to drop by 25,000 people this year, with the manufacturing sector to be hardest hit.
“This is where we expect 16,000 of the jobs to disappear,” Gustavsson said, according to the TT news agency.
However, over 1 million new workers will be needed this year, with doctors, civil engineers, software developers and architects among the list of jobs in highest demand.
Careers where the supply overrides the demand, however, include journalism, sales, childcare, and assembly line work.
When unemployment increases, it’s common for employers to raise their demands, which in turn makes it tough for fresh graduates and those recently immigrated to find work, even though the labour market for educated and experienced job seekers can still be good.
The most important factor to consider in the employment battle, according to Gustavsson, is education.
“It’s incredibly important to finish your studies. Those without any education, they are the group that will have it tough,” he said.