Ministry of Employment Sweden Swedish Labour Market Policy for Youth Hillevi Engström, Minister for Employment Youth Forum April 26, 2013.

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Presentation transcript:

Ministry of Employment Sweden Swedish Labour Market Policy for Youth Hillevi Engström, Minister for Employment Youth Forum April 26, 2013

Ministry of Employment Sweden Youth Unemployment Rate, 15–24 years Source: AKU, SCB.

Ministry of Employment Sweden Youth Unemployment Rate, 15–24 years Source: Eurostat.

Ministry of Employment Sweden Long-term Unemployment Rate, >12 months (% of all unemployed), 15–24 years Source: Eurostat.

Ministry of Employment Sweden Recent reforms aim to: Increase labour supply Increase labour demand Increase matching ”Make work pay”“Make it easier & less costly to employ” ”Get the right person at the right place”

Ministry of Employment Sweden Recent reforms for youth – labour demand by making it easier to employ Reduced employer’s social security contribution for youth under 26 years of age ’New start job’ provides tax relief targeted at long term unemployed youth Reduction of VAT on restaurants from January 2012 General temporary employment

Ministry of Employment Sweden Recent reforms for youth – matching-process Youth job guarantee scheme Individual action plans and coaching Increase education: –Folk high school initiative –Higher study grant

Ministry of Employment Sweden Budget Bill 2013: Youth package – € 950 million during 2013–2016 Strengthen the link between education and employment Strengthen vocational education Increased number of places in regular education Prevent young people from becoming long term unemployed Intensified employment service activities prior to entering the job guarantee scheme

Ministry of Employment Sweden Budget Bill 2013: Increased opportunities for young people Strengthening employment services prior to entering the job guarantee Strengthening of the ‘New Start job’ Resettlement benefit to long-term unemployed

Ministry of Employment Sweden ’Job pact’ Tripartite discussions => Improve adaptability of the labour market Social partners – agreements on introductory agreements for young workers Aim – to expand agreements by employment subsidies

Ministry of Employment Sweden Labour market situation

Ministry of Employment Sweden Youth Employment Rate, 15–24 years Source: Eurostat.

Ministry of Employment Sweden Questions ?