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Sweden's Riksbank building is seen in downtown Stockholm in this photo from. Sweden's central bank slashed its main interest rate to 1.25 per cent on Thursday.BOB STRONG/Reuters

A Swedish town is tackling its unemployment crisis by paying young adults to move to Norway to find work.

The unusual program gives young job-seekers in Söderhamn, which is 250 kilometres north of Stockholm, a ticket to Oslo, a month-long stay in a youth hostel and job coaching.

More than 100 young residents have already left the town of 12,000 to seek their fortunes in the Norwegian capital. They include Andreas Larsson, who quickly found work as a truck driver after being unemployed for two years.

"I came here on a Thursday and had a job by Monday morning. It went that fast. It felt almost unreal, like I'd come to the promised land," Mr. Larsson told Swedish radio according to The Local , an English-language Swedish newspaper.

The so-called "job journeys" are available to anyone between the ages of 18 and 28.

"We had an unemployment rate of over 25 per cent, so we had to find solutions," Magus Nilsen, the man in charge of the project at Söderhamn council, told the Daily Telegraph .

"Going to Norway to find work has always been quite popular with young people, but sometimes they want to go but don't know how to find a job or accommodation so we thought we'd give them a bit of help with both."