Sweden Has Become the World’s Cautionary Tale – The New York Times

https://www.nytimes.com/2020/07/07/business/sweden-economy-coronavirus.html

Boom.

«Sweden’s central bank expects its economy to contract by 4.5 percent this year, a revision from a previously expected gain of 1.3 percent. The unemployment rate jumped to 9 percent in May from 7.1 percent in March. “The overall damage to the economy means the recovery will be protracted, with unemployment remaining elevated,” Oxford Economics concluded in a recent research note.»

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