Re:A Swedish doctor's perspective on Covid
by hiram112 on Saturday August 08, 2020 @12:49AM
(#24089080)
That would assume Sweden's economy is completely independent of its European neighbors and even the rest of the world. In 2020, that's not true at all. Even without Covid, recessions in the US or Germany or other large economic partners will cause problems for small countries like Sweden.
Indeed; both Sweden (https://ycharts.com/indicators/sweden_unemployment_rate) and Norway (https://ycharts.com/indicators/norway_unemployment_rate) have experienced anomalous increases in their unemployment rates that seem clearly linked to the pandemic.
If the article's thesis is correct that Sweden minimally-disrupted the status quo, then we would have expected to see little employment response.