Immigration surge pushes up Swedish unemployment


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Sweden accepted a record 163,000 refugees last year, including almost 80,000 in October and November.

The country expected to see unemployment drop to 6.6 percent by 2017 from 7.5 percent in 2015. However, it is expected to grow again and reach 7.5 percent by 2020. The lowest unemployment level in the EU is now in Germany with 4.5 percent.

Bloomberg quotes a study from the National Audit Office, which showed that only 53 percent of asylum seekers who arrived in 2003 had found jobs by 2013.

“Unemployment is falling quite well for those born in Sweden, who can take advantage of the improvement, but it takes longer for those born abroad, especially those born outside of Europe,” said Wadman.

https://www.rt.com/business/329826-sweden-unemployment-immigrants-influx/

Author: allthenews

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