Global competition is now persuading many to rethink the whole issue of employment. McKinsey warned in August that the high cost of doing business in Sweden would force companies to "move 100,000 to 200,000 jobs offshore in the next 10 years." Sweden has enjoyed outstanding economic growth, but it came in part because companies shed jobs to boost productivity. In the run-up to last month's general election, the independent National Institute of Economic Research suggested that Sweden had hit a growth ceiling: unless the labor supply expanded, GDP growth would slow.
Tags:
National Institute
economic growth
Global competition
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment