WHEN EVEN SWEDES HAVE JOBS...:

Brisk reforms expected from Reinfeldt (The Local, 24th September 2006)

Sweden's next prime minister, newly-elected Fredrik Reinfeldt, is expected to undertake brisk economic reforms he vowed to implement once in office, namely job creation, tax cuts and privatisations, analysts say. [...]

"They have a very ambitious plan for opening up the labour market with several economic incentives to get people into the labour market in the short term," SEB bank chief economist Klas Eklund told AFP.

The Alliance has proposed to cut taxes for low income earners, provide subsidies to companies that hire jobless workers, and reduce generous unemployment benefits to encourage people to go to work.

Some 50,000 jobs could be created in two or three years, said HÃ¥kan Frisen, head of economic research at SEB.

"If you have these three factors together, you could actually boost the labour market quite a lot," Eklund added.