The cost of Sweden’s generous asylum policy can now be seen in its unemployment data. While a reinvigorated economy is driving down the overall jobless rate, recent arrivals are being left behind and the majority of Sweden’s unemployed are now foreigners, up from about 40 percent two years ago. This share will likely continue to grow as only about 25 percent of refugees that have arrived over the past eight years have a full-time job.
Before it's here, it's on the Bloomberg Terminal. LEARN MORE