I'd say it's wrong. There are more than 200K Swedes currently residing and working in Norway. Not only young people working no-skill jobs for $140 a day, but also many scientists, IT pros/developers, managers, entrepreneurs.
I've lived and worked in both countries and while Sweden feels like one of the rich US states or parts of EU, Norway has out of this world standard of living. Can give you countless examples.
A neighbour of mine was a single father of three children, the government (NAV) was paying his rent, bills, other expenses, vacation(!), etc. for almost a year. That was social help not based on previous taxes or income.
Most Norwegians (IMH experience) who are serious about gaming would work one year and live the next year on the extremely generous unemployment benefits provided by NAV.