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  Sweden profiles on:
  Sweden statistics
  - Population 9.15 mln
  - Population growth 1%
  - Life expectancy 81 years
  - Net migration 152,259
  - GDP $2.15 bln
  - - per capita $47,870
  - - growth rate 3%
  - FDI, net inflows $2.15 bln
  - Cellphone users 113%
  - Internet users 80%
  - High-tech exports 16%

Young people and recession. A lost generation?

Young people and recession. A lost generation?

This article reviews the effects of the Great Recession on youth labor markets. The authors argue that young people aged 16-24 continue to suffer suffered disproportionately. Using the USA and UK as case studies, they analyze youth unemployment using micro-data. The authors argue that there is convincing evidence that the young are particularly susceptible to the negative effects of spells of unemployment well after their initial experience of worklessness. Because the current youth cohort is more...

Added by

Sonia Hossain on April 26, 2012

Sustained, high joblessness causes lasting damage

Sustained, high joblessness causes lasting damage

w3.epi-data.org –

This paper explains that the monthly unemployment and underemployment rates do not capture the full picture of how many U.S. workers experience labor market distress. The authors highlight racial and ethnic labor market disparities throughout the paper. Though roughly 31% of all U.S. workers experienced unemployment or underemployment at some point in 2009—the rates were higher for African-American and Hispanic workers, at 36% and 41%, respectively. To portray the many dimensions of the economy more...

Added by

Sonia Hossain on April 1, 2012

The Net's Sweeping Impact on Growth, Jobs, and Prosperity

ww1.mckinsey.com –

The primary aim in this report is to estimate the magnitude of the impact of the Internet on the world economy. This report focuses on 13 countries that account for more than 70 percent of global GDP. This report finds that the Internet has delivered substantial economic growth and created jobs on a large scale. Internet maturity correlates with wealth creation, and it is found that the Internet is, and will remain over coming decades, one of the biggest drivers of global economic growth.

Added by

Sonia Hossain on September 26, 2011

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