In a significant move to combat high unemployment rates, the Swedish government plans to invest 150 million kronor to create up to 15,000 summer job opportunities for young people in municipalities with high unemployment.

This initiative is part of the spring amendment budget and includes 130 million kronor in new funds allocated by the Employment Service.

The effort aims to provide essential work experience to youths, facilitating their entry into the labor market.

Additionally, the government is set to invest in 2,000 more year-round positions in vocational adult education for 2024, targeting sectors with labor shortages such as healthcare, culinary, electrical, and driving professions.

This comes against the backdrop of anticipated lower inflation, suggesting room for more expansive fiscal policies to stimulate the economy.