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Thursday, September 15, 2016

Swedish Economist: Low Skilled Migrants a 'Ticking Time Bomb'

Despite politicians’ insistence that migrants who poured into Sweden last year were highly educated and would be an economic boon, SEB economist Johan Javeus has warned that the newcomers are low skilled, and a “ticking time bomb” in the labour market.

The Scandinavian Individual Bank (SEB) economist warned that the lack of menial jobs combined with record high mass migration is a time bomb that could explode in time for the 2018 elections. Labour minister Ylva Johansson played down concerns, describing it as “a challenge that can be managed”.

In 2015, the difference in the unemployment rate among highly-educated Swedes and among foreign-born with only basic secondary education stood at a record level of more than 30 percentage points.


1 comment:

Anonymous said...

Same here. All the low skilled migrants do is prevent wages from rising. The most affected is the African American community. Like those working in the chicken plants. If not for the steady stream of immigrant workers the wages would have to be a lot higher for the workers. Unfortunately the so called black leaders are more interested in concerning themselves with non existent "problems" like racism and police brutality toward blacks. No sense in worrying about it. You can't fix stupid and until blacks grow some smarts about them they will continue to have to wallow in their cess pools of crime and poverty created by themselves because they must have been holding the door when God was handing out brains.