Unemployment benefits in Sweden
Overview
 
Unemployment benefits in Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

are divided into a voluntary scheme with income related compensation up to a certain level and a comprehensive scheme that provides a lower level of basic support.
“Help-funds”, the first form of unemployment insurance in Sweden, were created in the 1870s, already closely linked to trade unions. Since the institution of local employment offices in 1930s, in the climate of Keynesian policies, the State has begun to finance the unemployment benefits; since the 1940s, the insurances’ aim was to «provide economic support during a "transitional period" when the individual who lost his/her employment or left school actively seeks a new employment».
 
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