To be fair Greece and Spain do make some sense. Hear me out:
During summer holidays there’s a lot of apartment owners who rent during the summer so technically they don’t have a job.
Pongi on
For Sweden the unemployment rate of native Swedes (~5%) is way lower than that of the foreign born residents (13%-16%). For Finland however, the picture looks worse as they have a much smaller foreign born population than Sweden pulling the unemployment rate up.
TheDarck on
well atleast we’re still the first in youth unemployment 🇪🇸
tranbun on
Why so negative? We have a lot of uncovered potential. From physics perspective we’re at a peak and are going to convert that potential energy into kinetic. Any day now.
Min_Min_Drops on
Lithuanians – unemployed, also Lithuanians – we have shortage of workers, let’s import.
Filias9 on
That’s some weird EU numbers. According to Czech Statistical Office, it was 4.4% in FEB2025. For Czechia.
Wise-Spring7283 on
Romania only at 5.6? Man , surprising.
They could do better , and make it to top 3
Illustrious_Land699 on
The rate in Italy is actually even much lower given the 2-3 million people who work without a regular contract, the problem remains the salaries that do not grow
bickid on
Do they also have the highest Unhappiness-rate?
4nhedone on
I was worried for a second they took our place until reading the last part of the title. Impressive they surpassed Greece, our legit competitor. Still amazes me they surpassed Portugal and Romania, though.
seoress on
New PIGS members just dropped
Mundane-Ad-2692 on
Poland is doing just fucking great!
Ijustlikethings on
For Finland those high unemployment numbers are probably a sum of many causes.
Debt issues: uncontrolled debt increase -> drastic measures to lower it -> tax-funded jobs (healthcare etc) decrease. Generic investment-rate drops.
Unemployment benefits have been revamped: you were able to earn 300€ freely without it affecting your benefits, now it’s 0€ -> low-paying part-time jobs are not worth it. You get more money by being unemployed than working 10 hour a week in grocery store.
Housing market slows down, not that many new houses/apartments/buildings are being built, construction halts, construction jobs and small construction-related businesses drop dead.
Software developers had a wonderful time during 2020, now that career path is just crickets. I guess that’s same everywhere.
Russia invaded Ukraine -> border closed, sanctions, all Russia-related (export, tourism) jobs go poof.
Interest rates hit Finland hard, different than other countries. I haven’t researched this topic but it has been mentioned many times. Worth a read.
EU supported (during pandemic) south more than the north, now south has a “lead” through those investments they were able to make.
Also as a last one from the top of my head: Finland hasn’t had a new “Nokia” in a decade (or more). Finland lives (on debt) like rich guy it used to be. It’s bound to cause trouble down the line.
Just some things here, there’s probably more. I’m no expert.
Also: no, the immigrants are NOT causing this.
Tuffeman on
Sweden has had massive immigration from poor and dysfunctional countries until recently. These people are at a large degree unemployable and will remain so. That plus a bad economical cycle can only result in this
26 commenti
What happened? Immigration?
Is there any obvious reason for this. Why have Sweden and Finland fallen behind the other Nordics and Germany?
Whaaaaat
Never i d guessed sweden and Finland
Every time I see the new numbers come in, I open them in in cold sweat expecting Finland to be on top.
It surprised me how Sweden’s rate is almost double compared to Belgium and Italy.
Swedes will claim that the data is wrong and that it’s not possible to measure it like that because in Sweden blah blah.
Just as a side note: sweden still has one of the highest rates of employment in the eu (on the same level as Czech Republic).
https://de.statista.com/statistik/daten/studie/249125/umfrage/erwerbstaetigenquote-in-den-eu-laendern/
I wonder how it’s measured.
In Poland it’s only people without work, actively looking for work (meaning, they need to register and then visit a proper agency every month).
I was without a job and technically not-unemployed (I didn’t register) for almost a year.
Holy hell Czechia and Poland at 2.6% – 2.7%.
That’s outright labor shortage territory.
💪💪💪💪
But Sweden’s employment rate is among the highest https://ec.europa.eu/eurostat/statistics-explained/images/thumb/f/fc/Map_1_Employment_rate_2024.png/1400px-Map_1_Employment_rate_2024.png
Edit: newer data counting age group 20-64 comparable across the EU: Sweden is 4th in employment, behind Netherlands, Malta, and Czechia: https://ec.europa.eu/eurostat/statistics-explained/images/7/7e/Employment%2C_unemployment_and_labour_market_slack_Q1_2025_%28age_group_20-64%2C_seasonally_adjusted_data%29.png
To be fair Greece and Spain do make some sense. Hear me out:
During summer holidays there’s a lot of apartment owners who rent during the summer so technically they don’t have a job.
For Sweden the unemployment rate of native Swedes (~5%) is way lower than that of the foreign born residents (13%-16%). For Finland however, the picture looks worse as they have a much smaller foreign born population than Sweden pulling the unemployment rate up.
well atleast we’re still the first in youth unemployment 🇪🇸
Why so negative? We have a lot of uncovered potential. From physics perspective we’re at a peak and are going to convert that potential energy into kinetic. Any day now.
Lithuanians – unemployed, also Lithuanians – we have shortage of workers, let’s import.
That’s some weird EU numbers. According to Czech Statistical Office, it was 4.4% in FEB2025. For Czechia.
Romania only at 5.6? Man , surprising.
They could do better , and make it to top 3
The rate in Italy is actually even much lower given the 2-3 million people who work without a regular contract, the problem remains the salaries that do not grow
Do they also have the highest Unhappiness-rate?
I was worried for a second they took our place until reading the last part of the title. Impressive they surpassed Greece, our legit competitor. Still amazes me they surpassed Portugal and Romania, though.
New PIGS members just dropped
Poland is doing just fucking great!
For Finland those high unemployment numbers are probably a sum of many causes.
Debt issues: uncontrolled debt increase -> drastic measures to lower it -> tax-funded jobs (healthcare etc) decrease. Generic investment-rate drops.
Unemployment benefits have been revamped: you were able to earn 300€ freely without it affecting your benefits, now it’s 0€ -> low-paying part-time jobs are not worth it. You get more money by being unemployed than working 10 hour a week in grocery store.
Housing market slows down, not that many new houses/apartments/buildings are being built, construction halts, construction jobs and small construction-related businesses drop dead.
Software developers had a wonderful time during 2020, now that career path is just crickets. I guess that’s same everywhere.
Russia invaded Ukraine -> border closed, sanctions, all Russia-related (export, tourism) jobs go poof.
Interest rates hit Finland hard, different than other countries. I haven’t researched this topic but it has been mentioned many times. Worth a read.
EU supported (during pandemic) south more than the north, now south has a “lead” through those investments they were able to make.
Also as a last one from the top of my head: Finland hasn’t had a new “Nokia” in a decade (or more). Finland lives (on debt) like rich guy it used to be. It’s bound to cause trouble down the line.
Just some things here, there’s probably more. I’m no expert.
Also: no, the immigrants are NOT causing this.
Sweden has had massive immigration from poor and dysfunctional countries until recently. These people are at a large degree unemployable and will remain so. That plus a bad economical cycle can only result in this