A Large Proportion of Employees have been Laid off in Various Industries

Hotel and restaurant stand out with the highest numbers in all categories.

The crisis has hit  severe in some service sectors and on top of this, a lower use of hourly workers should be added, says Stefan Westerberg, chief economist at Stockholm Chamber of Commerce in a press release.

In total, 11 percent of the staff have been notified and 35 percent have been granted short-term leave.

Further measures will be required from the government to save the jobs.

In hotel and restaurant operations, bankruptcies have increased by 144 percent compared to the same period in 2019.

These are worrying numbers, not least given that some of the support measures expire during the summer. The hospitality industry has lost a huge amount of land in the spring and will need more help to be able to recover, says Stefan Westerberg.

Energy sector unaffected
But there are very big differences between different industries.

In manufacturing, 30 percent have been short-term permits.

It can be compared to the energy sector. In the supply of electricity, gas, heat and cooling, 0 percent is short-term.

Agriculture, forestry and fishing, as well as education, have also performed well in the crisis. Only 1 percent short-term permits in these industries, the Stockholm Chamber of Commerce states in the analysis.

Reviewer overview

A Large Proportion of Employees have been Laid off - /10

Summary

A Large Proportion of Employees have been Laid off in Various Industries

0 Bad!