Focus on Business and Labour Market 2015:
Lack of work or studies could have future consequences
Statistical news from Statistics Sweden 2016-01-19 9.30
Young people who neither worked nor studied for one year between 2001 and 2003 had a 57 percent higher risk of not being established on the labour market in 2011. This is compared to their peers who during the same period were working or studying. These are the findings of a study published in the periodical Focus on Business and Labour Market.
The study follows two groups: younger individuals aged 20-25 and older individuals aged 46-52. The corresponding risk is considerably higher for those in the older age group. The results of the study point out that there may be a so-called scarring effect of not having worked or studied.
The negative effect also increases with the age of the individual. The scarring effect was also greater the longer the period of economic inactivity. The worst situation was for those who had not worked or studied at all throughout 2001-2003.
Persons likely to take risks are more often self-employed
The second article in the publication studies whether individuals who are more likely to take risks are more likely to become self-employed. Different forms of savings have been used as a yardstick, where individuals with a high proportion of shares in their portfolios are assumed to be more likely to take risks. The results confirm this: Individuals who are more likely to take risks, that is, had a higher proportion of shares, were more likely to become self-employed.
Older business leaders experience fewer barriers to growth
The third article studies the connection between the experiences of business leaders regarding barriers to growth and particular characteristics of small and middle sized enterprises in Sweden. Among other things, the results show that business leaders in middle sized enterprises experience competition as a considerable barrier to growth to a greater extent. The results also show that older business leaders experience several factors such as competition and profitability as a barrier to growth to a lesser extent than the younger ones.
Savings increased the most for households with high incomes
The fourth article presents household income, consumption and savings according to the National Accounts for the years 2008 and 2012, broken down by different household groups. Among other things, the results showed that households’ savings increased considerably between the two years and that households with high incomes increased their savings the most. Households with the lowest incomes clearly had negative savings for both years and savings for these households worsened between 2008 and 2012.
Publication
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