Norway, Oslo, Waterfront by town hall (© Getty Images)

How to solve youth unemployment: pay them to move to another country

11/1/2012

The Swedish town of Soderhamn has an unemployment rate of more than 25 percent, so local authorities invented a novel way to combat the problem. Anyone from the town aged between 18 and 28 can volunteer to travel to Oslo, the capital of Sweden's neighbor Norway, to look for work. Those who sign up for a "Job Journey" receive accommodation in an Oslo youth hostel for a month and guidance on how to find a job. Magus Nilsen, who oversees the scheme at Soderhamn council, claimed more than 100 residents have ventured across to Oslo to try their luck, and some of them have been able to find employment. [Source]

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Would a similar scheme work in the U.S.?