Historical unemployment statistics should always be used with caution.

The calculation methods have changed a number of times over the years.

But despite uncertainty about unemployment statistics, some conclusions can be drawn.

Today's level of youth unemployment, which is at the same level as during the financial crisis, is probably among the highest in almost a hundred years.

Worst after the First World War

In 1922, in the aftermath of the First World War and the transformation of the business community, Swedish unemployment was 25 percent, which has not been surpassed since.

Ten years later, in connection with the great stock market crash, there was new mass unemployment.

Then it took until the early 90s before a third wave of mass unemployment occurred.

In 1993 and 1994, youth unemployment, with today's way of counting, was about 25 percent.

It is difficult to know with accuracy as the figures are adjusted based on the fact that in 2005 the authority switched to calculating unemployment on the basis of the EU's much broader definition.

The next major crisis was the financial crisis in 2008 and 2009. According to Statistics Sweden's figures for the full year 2009, youth unemployment that year was again high at 25 per cent.

Then unemployment fell for a few years to rise very rapidly during the corona crisis.

160,000 young people unemployed

In July this year, youth unemployment rose by nine percentage points compared with the same time the year before.

It was one of the fastest increases in the EU.

According to Statistics Sweden, more than 160,000 young people were unemployed in September, which means 27.1 per cent of the labor force, ie as a proportion of the number of unemployed and employed.

- There are more than before who are outside the security system.

Those who are at the far end of the labor market have the most difficulty in getting and keeping jobs.

The crisis is hitting immigrants and young people harder, says Lars Magnusson.