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Two-Thirds Laid-off

Published fredag 5 juni 2009 kl 10.36

The business paper “Dagens Industri” reports that of the 40,000 Swedish workers who were formally warned they faced lay-offs last Fall, 25,000 actually lost their jobs.

Under Swedish laws and contracts, official lay-off warnings usually go into effect six months are they are issued. The state employment agency says it’s normal for around two-thirds of those who receive warnings to actually be laid-off.

Most of those who have lost their jobs were in the troubled auto industry. (gw)

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