2015年3月1日星期日

Unemployment situation in Sweden


Unemployment situation in Sweden


Benefit from the high development level and the advanced industrial structure, unemployment is not serious in Sweden. Its unemployment rate ranks No. 115 among 199 countries in the world. But due to the thorough education and economic situation recent years, Swedish start to worry about their jobs. Here is some aspects about the unemployment in Sweden.

 

1.     Background of unemployment in Sweden

Unemployment rate, 1980-2010, Sweden


Long-term unemployment rate, 2002-2013, Sweden
Sweden has always maintained a low unemployment rate until 1990s. At the beginning of 1990s, more and more immigrations came to Sweden and many European countries started to adjust the government policy and industrial structure, which lead to a short-term economic crisis. Then, the unemployment declined to the normal level. 
 
 

 

2.   Reasons of the low unemployment rate in Sweden
From the above picture we can see it clearly that the unemployment rate really hasn't changed much from 2002 to 2010, meanwhile, it fluctuates around 7%. The possible reason is listed.  
l  Building national institutional framework by the employment policy, relevant laws and regulations.
l  To set up specialized agencies, provide more employment guidance.
l  To emphasize the positive employment, reform the employment methods.
l  Education and effective exploiting of human resource.
 
3.     Youth unemployment
The youth unemployment rate is the number of unemployed 15-24 year-olds expressed as a percentage of the youth labor force. Youth unemployment is high in Sweden. Too many graduated students swarm into the labor market every year. The number actually exceeds the quantity of demand. It is a serious problem not only to the Sweden government but also extra countries.
 
As an important economic entity of the global trade system, the development of Sweden has a big impact on the world-wide economy, and the unemployment rate has a big impact on the Sweden economy. That deserves our attention.
 
 
 

 

 
 
 


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