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November 21, 2005

Swedish Unemployment Levels.

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?

November 21, 2005 in Scams and Frauds | Permalink

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