Swedish largest union warns of increased layoffs after rate hike

The Swedish Trade Union Confederation (LO) has warned that the Riskbank's decision to hike its key interest rate on Tuesday risks increasing the number of people being laid off by companies.

Swedish largest union warns of increased layoffs after rate hike
The Swedish Trade Union Confederation (LO) has warned that the Riskbank's decision to hike its key interest rate on Tuesday risks increasing the number of people being laid off by companies.