Radio Sweden (English)
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Employer groups predict lower growth ahead of wage negotiations
Ahead of Sweden's next big round of collective bargaining, several employer groups in Swedish industry say the economy is developing worse than previously expected. They have cut their growth forecast for this year, from about 3 to just over 2 per cent, and say there is no space for wage increases similar to the last two rounds of collective bargaining, when union wage demands rose to just over 4 per cent. Industry employers organisations Teknikfรถretagen and Industriarbetsgivarna speak about economic uncertainty, while trade unions in the industry sector have no plans to lower their wage demands.