AMWatch

With 660,000 job losses, rich Nordic economies are in deep shock

In one of the richest and stablest corners of the globe, well over half a million people are suddenly out of a job due to the economic standstill triggered by the spread of the coronavirus.

Photo: Philip Davali/Ritzau Scanpix

With a combined population of roughly 27 million people, the Nordic region has seen 580,000 workers put on temporary leave, many without paychecks in recent weeks.

Another roughly 80,000 have been fired, according to calculations by Bloomberg based on company statements and data provided by national authorities.

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