This (European) morning, Jerome a Paris did a story on Eurotrib about a report from the McKinsey Global Institute think-tank that the FT had covered with the headline 'Real Swedish jobless rate 15%'. So much for the vaunted Scandinavian model, eh?
The report contains this lovely graphic, displaying the breakdown of what they call the Swedish de-facto unemployment.
I think this is a great graphic, and not one I've seen before: they break down the factors of unemployment and underemployment and display them.
In fact, I like it so much I made a similar one for the US which I'm not sure that the McKinsey Global Institute or the FT would be quite so happy to see - graph and explanation after the fold...
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