Yes, we know, all countries fiddle the unemployment statistics. The thing is, most fiddle them the same way. Johann Norberg points out that Sweden fiddles them diferently.
As a percentage of a workforce of 4 579 000 (in which I now include the
87 000 studying, but job-searching), that gives us a rate of 10.3%.
10.3% unemployed – that´s the number you should use every time you
compare the Swedish unemployment rate with other countries. And that´s
much closer to France (9.8%) and Germany (11,6%), than to the
Anglo-Saxon economies. Anyone who uses the 5.4%-rate is helping the
government to hide the real facts, whether they know it or not.
Perhaps the Swedish model is not all it’s cracked up to be?
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