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Photo by David Keyton (AP / Scanpix)
Despite the refusal to impose strict restrictions on the fight against the coronavirus, Sweden has not avoided a serious economic recession and a jump in unemployment, reports Bloomberg.
According to the Swedish Statistical Agency, the unemployment rate in the country increased more than expected in April, to 7.9%, economists draw gloomy forecasts, if the demand for goods and services does not recover in the near future, unemployment will will double. In March, the unemployment rate in the country reached 6.7%.
With the rapid rise in unemployment, the Swedish authorities are coordinating a bill that would make it easier and cheaper for employers to dismiss employers.
These plans have been heavily criticized by both unions and opposition parties, whose leaders have threatened to declare a vote of no confidence in the Head of Government Stefan Lofven if the law is approved.
Swedish Finance Minister Magdalena Andersson has acknowledged that the country is experiencing its worst economic recession since World War II, and that the fall could reach around 7% this year.
About 10.3 million. Sweden, with its population, did not introduce strict quarantine measures taken by other European countries, but instead urged the population to take responsibility and follow official recommendations.
This strategy has received some criticism abroad and in Sweden itself, as the country’s death rates have significantly exceeded those of neighboring Scandinavian countries, which have taken stricter isolation measures.
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