Sweden's news in English

Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Swedish unemployment falls

Share this article

15:09 CET+01:00
The Swedish unemployment rate fell to 5.6 percent in February from 6.3 percent in January and 6.2 percent in February 2005, Statistics Sweden said on Thursday.

Economists had expected an unemployment rate of 5.8 percent, according to a survey by SME Direkt.

In February 253,000 people were out of work, while in total 4,252,000 people held jobs.

The number of people in government job creation schemes was 140,000 in February, an increase of 8,000 people from the same month a year earlier, the agency said.

In February, Labour Minister Hans Karlsson said Sweden's unemployment rate was likely to fall to about 4.0 percent by the summer.

The forecast echoes the ruling Social Democrats' campaign promise before Prime Minister Goeran Persson took office in 1996 to halve Sweden's unemployment to below four percent.

AFP

 
Get notified about breaking news on The Local

Share this article

From our sponsors

How to work 9-5 and travel the rest of the time

A full-time job shouldn't stop you from satisfying your wanderlust. The Local spoke to Travel After 5 blogger Alline Waldhelm to find out her tips and tricks for travellers who only have 25 days of annual leave.

Discussion forum