Labour market effects of COVID-19: Sweden and its Scandinavian neighbours (VOXEU)

Sweden attracted international attention for not imposing a strict lockdown after the outbreak of COVID-19. This column analyses the labour market effects of this strategy by comparing unemployment and furlough spells in Sweden to three of its Nordic neighbours. The evidence suggests that the labour markets of all countries were severely hit by the pandemic, but Sweden performed slightly better than its neighbours.

https://voxeu.org/article/labour-market-effects-covid-19-sweden-and-its-neighbours

Steffen Juranek, Jörg Paetzold, Hannes Winner, Floris Zoutman

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