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==Economy== [[File:SCB Malmo taxable income as percentage of national average 1995 2016.png|thumb|SCB Malmo taxable income per citizen as percentage of national average 1995 2016]] The economy of Malmö was traditionally based on shipbuilding ([[Kockums]]) and construction-related industries, such as concrete factories. The region's leading university, along with its associated hi-tech and pharmaceutical industries, is located in [[Lund]] about {{convert|16|km|0|abbr=off}} to the north-east. Malmö had a troubled economic situation following the mid-1970s. Between 1990 and 1995, 27,000 jobs were lost, and the budget deficit was more than one billion [[Swedish krona]] (SEK). In 1995, Malmö had Sweden's highest unemployment rate.<ref>{{Cite report|first1=Alexandru |last1=Panican |first2= Håkan |last2=Johansson |first3=Max |last3=Koch |first4=Anna |last4= Angelin |date=2013 |title=The local arena for combating poverty Malmö, Sweden |series=Combating Poverty in Europe (COPE): Re-organising Active Inclusion through Participatory and Integrated Modes of Multilevel Governance |url=https://www.lunduniversity.lu.se/lup/publication/c992b1e9-a000-48d2-8af4-e8ca4db1129a|publisher=Lund University |access-date=17 November 2020 |archive-date=24 December 2020 |archive-url=https://web.archive.org/web/20201224060414/http://cope-research.eu/wp-content/uploads/2013/11/COPE_WP6_Sweden_Malm%C3%B6.pdf |url-status=dead }}</ref> However, during the last two decades, there has been a revival. One contributing factor has been the economic integration with [[Denmark]] brought about by the [[Öresund Bridge]], which opened in July 2000.<ref>{{Cite web|title=Øresundsbron|url=https://www.oresundsbron.com/en/node/6738|access-date=14 March 2021|website=www.oresundsbron.com|archive-date=15 August 2018|archive-url=https://web.archive.org/web/20180815150453/https://www.oresundsbron.com/en/node/6738|url-status=live}}</ref> Also the university founded in 1998 and the effects of integration into the [[European Union]] have contributed. In 2017 the unemployment rate was still high. However, in the last 20 years{{clarify timeframe|date=February 2022}} Malmö has had one of the strongest employment growth rates in Sweden, although a high proportion of jobs created are taken by workers from outside Malmö.<ref>{{Cite web |title=Municipal reports: Business and labour market in Skåne's municipalities Skåne |website=Skåne |url=https://utveckling.skane.se/publikationer/rapporter-analyser-och-prognoser/kommunrapporter-for-naringsliv-och-arbetsmarknad/ |language=sv |access-date=31 August 2018 |archive-date=19 June 2020 |archive-url=https://web.archive.org/web/20200619152700/https://utveckling.skane.se/publikationer/rapporter-analyser-och-prognoser/kommunrapporter-for-naringsliv-och-arbetsmarknad/ |url-status=dead }}</ref> In 2021, Malmö had the highest unemployment rate of 11,3%.<ref name="NAME">{{Cite web |title=Slutlig brottsstatistik 2021 |website=Brå |url=https://bra.se/om-bra/nytt-fran-bra/arkiv/nyheter/2022-03-31-slutlig-brottsstatistik-2021.html |access-date=19 September 2022 |archive-date=19 September 2022 |archive-url=https://web.archive.org/web/20220919182225/https://bra.se/om-bra/nytt-fran-bra/arkiv/nyheter/2022-03-31-slutlig-brottsstatistik-2021.html |url-status=live }}</ref> {{As of|2016}}, the largest private employers were:<ref>{{Cite web |title=Malmö City |url=http://www.malmobusiness.com/wp-content/uploads/2016/12/Arbetsst%C3%A4llen_100st%C3%B6rsta.pdf |website=www.MalmoBusiness.com |url-status=dead |archive-url=https://web.archive.org/web/20180831141611/http://www.malmobusiness.com/wp-content/uploads/2016/12/Arbetsst%C3%A4llen_100st%C3%B6rsta.pdf |archive-date=31 August 2018 |access-date=31 August 2018}}</ref> *[[Skanska]] – heavy construction *[[Nobina]] – transport *[[PostNord]] – postal services *[[Pågen]] – bakery *[[IKEA]] – furniture *[[Nordea]] – banking *[[Securitas]] – security services Almost 30 companies have moved their headquarters to Malmö during the last seven years,{{when|date=January 2019}} generating around 2,300 jobs. Among them are IKEA which has most of its headquarter functions based in Malmö.<ref>Malmö Snapshot Facts and figures on trade and industry in Malmö, Malmö stad.</ref>{{full citation needed|date=February 2022}} The number of start-up companies is high in Malmö. Around 7 new companies are started every day in Malmö. In 2010, the renewal of the number of companies amounted to 13.9%, which exceeds both Stockholm and Gothenburg. Especially strong growth is in the gaming area with Massive entertainment and King being the flagship companies for the industry. Among the industries that continue to increase their share of companies in Malmö are transport, financial and business services, entertainment, leisure and construction.<ref>Malmö Snapshot Facts and figures on trade and industry in Malmö, Malmö stad</ref>{{full citation needed|date=February 2022}}
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