In just 20 years, the Swedes’ economic standard has increased by 60 percent. At the same time, the proportion with a low financial standard has increased markedly, especially among young people.
About eight percent of the population and twelve percent of children live in a household that has a financial standard that is not even half that of the median family. As a whole, however, the Swedes’ economic standard has increased.
– If you compare with 1999, the economic standard for Sweden’s population was just over 60 percent higher in 2020. What in 1999 was the median value in the population is today close to the limit of what is called low economic standard, says Hans Heggemann, investigator at Statistics Sweden, in a statement.
Source: Fria Tider by www.friatider.se.
*The article has been translated based on the content of Fria Tider by www.friatider.se. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!