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Economy

Swedish Men Hit Hard by Failing Economy

Published torsdag 26 februari 2009 kl 11.20
Swedish Construction Workers

Swedish men are losing out by the downturn in the economy – especially those employed in industry. According to statistics from SCB, 7.5 % of the Swedish male labour force are now unemployed, whereas only 7% of the female labour force are in the same situation. The reason behind this change is that most of the men were employed in professions within the crumbling Swedish industry. 

According to a report by the Swedish Construction Federation, 20 000 jobs will disappear over the next year in the construction industry alone. They believe that 15 000 new properties will be built in Sweden over the coming year, compared to the annual average of 35 000.

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