Sweden : the government proposes reduction in charges to encourage recruitment

Reduction of social contributions. In order to get hundreds of thousands of people back on the labour market, the government of the conservative Fredrik Reinfeldt has offered, among other proposals, a reduction in social contributions of employers, being halved of as July 1, 2007, except for retirement contributions, for firms hiring any person between 18 and 24. The charges level will then come down to 9.71%. At the same time, the jobless young will be accompanied with better support staring next December in the framework of a “job guarantee”. Those not accepting this formula will risk losing their unemployment allowance. The level of young jobless in Sweden is above the European average.
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ify;”>Reduction of social contributions. In order to get hundreds of thousands of people back on the labour market, the government of the conservative Fredrik Reinfeldt has offered, among other proposals, a reduction in social contributions of employers, being halved of as July 1, 2007, except for retirement contributions, for firms hiring any person between 18 and 24. The charges level will then come down to 9.71%. At the same time, the jobless young will be accompanied with better support sta

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