Sweden paying youth to move to Norway
• Riksbank disagreement deepens
• Global recovery will be slow, Swedish bank warns
The Swedish town of Söderhamn, in conjunction with Sweden's national employment office, is paying young unemployed Swedes to look for jobs in neighboring Norway.
"We had an unemployment rate of over 25 per cent, so we had to find solutions," Magus Nilsen, project leader at Söderhamn council, told the Daily Telegraph.
"Going to Norway to find work has always been quite popular with young people, but sometimes they want to go but don't know how to find a job or accommodation so we thought we'd give them a bit of help with both."
The "Jobs Journey" is a move to cope with an unemployment rate of more than 25 percent. The Swedish economy has taken a hit over the last few months, with the nation’s economic growth falling from July’s 1.4 percent estimate to 0.7 percent in September.
Last Updated (Friday, 02 November 2012 08:30)











