Home News Sweden’s unemployment rate has risen to 8.2%, the highest in eight months

Sweden’s unemployment rate has risen to 8.2%, the highest in eight months

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According to Statistics Sweden data released, the jobless rate in Sweden rose to its highest level in eight months in February.

The unadjusted unemployment rate increased to 8.2 percent in February, up from 7.6 percent the prior month.

The unemployment figure was 7.9 percent in the same month last year.

Unemployment rose to 459,000 in February, up from 422,000 in January.

According to the agency, young people aged 15 to 24 made for 170,000 unemployed, or 26.4 percent of the workforce.

Simultaneously, the employment rate increased marginally from 68.1 percent to 68.2 percent, signifying 5.17 million employed people.


Source: RTT NEWS
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