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Article: Services productivity an issue for Sweden.(Statistical data)
- Article from:
- Market Europe
- Article date:
- March 1, 2007
CopyrightCOPYRIGHT 2007 Media Contact Resources, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sweden has a better management record when it comes to employment than other European Union (EU) members.
The unemployment rate in Sweden in the five years from 1995 through 1999 was 7.2 percent, according to International Monetary Fund (IMF) statistics. Over the next five year period, from 2000 through 2004, the rate of unemployment dropped significantly to 4.6 percent. It surged to 5.8 percent in 2005, and then fell back to 4.5 percent in 2006. For 2007, the IMF estimates unemployment in Sweden will be 4.3 percent.
It is of note, then, that in a review of a recent report by the Center for Business and Policy Studies (SNS), a Swedish think tank, posted ...