Trends in unemployment during the last economic recession in Sweden

Magdalena Potrykus-Czapp

Summary
In Sweden, state debt is one of the lowest in the European Union, inflation is low, the banking system operates soundly and the Swedish economy is diverse, highly competitive and successful. The standard of living is high in the entire country. The present social and economic success in Sweden was built on the conclusions drawn from the world financial crisis in the ‘90s and the global financial crisis between 2007-2008. The first effects of the global economic crisis in the form of rising unemployment appeared in Europe when we could observe a sharp increase in joblessness. This article discusses the problem of and methods of dealing with unemployment in Sweden during the recent economic recession.

Trends in unemployment during the last economic recession in Sweden

Article

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