More immigrant workers also among those from outside Europe. Since the turn of the millennium, the proportion of foreign-born in Sweden has increased from 11 to 20 percent. A significant part of the increase is people born outside Europe. Many of these have had difficulty establishing themselves on the labor market.
Since the pandemic, however, employment among the foreign-born has been at a record high. Although there has historically been a lower employment rate among foreign-born than domestic-born, the gap has narrowed. In addition to the reduction in migration and longer periods of stay in Sweden, the level of education has also risen among those born abroad. This has contributed to increased employment.
More both Swedes and immigrants are in paid work
It is clear that foreign-born people from Europe have a similar employment rate to Swedish-born people. The situation is worse for foreign-born from countries outside Europe, although improvements have taken place. One explanation for this could be that the economic recovery after the pandemic has benefited those born abroad. The employment rate among the native-born is already so high that it is difficult to get higher.
There is a long-term trend towards fewer people supporting themselves on benefits and social benefits. Natives who go on benefits or social security are at 14%. But the percentage who receive their main income from sources other than work is 22% among foreign-born from countries outside Europe. European immigrants on benefits or social security are 13%. There is also a significant group that has no income at all. This can partly be explained by deficiencies in the population registration of those who left Sweden.
Allowance for foreign-born not only costs
Social security, benefits and healthcare as well as Swedish education for immigrants play a decisive role in keeping employment, production, consumption and tax revenues going. These groups usually do not have the opportunity to save as they receive low compensations, which means that the compensations for them act as cyclical stabilizers rather than just costs.
The integration of immigrants into the labor market seems to be going in the right direction, but there is still a high percentage of foreign-born people who do not have a job. To deal with this, continued efforts are needed to increase employment and make it easier for immigrants to establish themselves on the labor market.
But this means that shall sthe Finnish economy to grow without inflation do we need more immigrants. If employment increases more than 100% of the labor force, it becomes inflation. 86-87% employment among native-born and European immigrants is largely full employment. This also means that immigration has not taken jobs away from the native-born. This also means that the rate of people on benefits and social security is not at a panic level. We don't need to make more low-wage workers in order to manage employment.
Interesting.
<3
Equality and anti-racism are important. It also makes society stronger.
Yes, indeed it does.