The labor market is also developing positively. The number of job openings is increasing at same time as layoffs continue to decrease. Unemployment is decreasing in both the city and the county compared withthe same quarter last year. Total wages increased in the third quarter of 2014 by 6.2 per cent in the city of Stockholm and 5.0 per cent in Stockholm county compared with the preceding quarter. This can be compared with4.4 per cent for the rest of the country.
The number of new businesses continues to grow, and the number of bankruptcies fell compared with the same quarter the year before. During the third quarter, 4,801 companies were started in the county, of which 2,802 were in the city. This means an increase of 7 per cent in the county and 10 per cent in the city compared with the same quarter the year before.
-I am happy that the third quarter also shows strong growth for Stockholm. We are expanding, have a strong business climate and a good development in the labor market. These are all important parameters for a successful city, says Olle Zetterberg, CEO for Stockholm Business Region.
During the third quarter of 2014 the county’s population increased by just over 11,000 inhabitants, almost 5,000 of which were in the city.
Download the entire report from:
Stockholm Business Region, with its subsidiaries Stockholm Business Region Development and Stockholm Visitors Board, is the official investment and tourism promotion agency for the Stockholm region. Stockholm is one of Europe’s most dynamic sustainable regions. Stockholm Business Region is fully owned by the City of Stockholm. Our common brand is Stockholm – The Capital of Scandinavia.
Invest Stockholm is the official investment promotion agency of Stockholm. We work with the marketing and development of the Stockholm region as a business destination under the brand Stockholm – The Capital of Scandinavia. Invest Stockholm is a subsidiary of Stockholm Business Region, owned by the city of Stockholm. www.investstockholm.com www.visitstockholm.com www.stockholmbusinessregion.com