The economic crisis in the early 1990s brought about a dramatic increase in unemployment and a similar decrease in … labor force participation. Unemployment declined afterwards, but stabilized at around 6–7%—more than twice as high as before … the crisis. Today, the unemployment rate is lower than the EU average, though Sweden no longer stands out in this respect …

unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …

labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …