Economics
Unemployment Is Haunting Sweden Years After the Immigration Boom
- Swedish labor force has expanded faster than for its neighbors
- Concerns grow unemployment is entrenched as expansion cools
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Sweden has an unemployment problem.
Even amid the longest expansion in four decades, unemployment in the largest Nordic economy still hasn’t got back to pre-financial crisis levels. The jobless rate is hovering at more than 6 percent, far above the level in its Scandinavian neighbors and in global economic powerhouses such as Germany and the U.S.