Youth unemployment doubles in Sweden

Unemployment in Sweden amounted to 251,000 in July, with a further 4,400 served notice.

Among the nation’s youth unemployment has now doubled over the past 12 months.

The number of redundancy notices has declined since March and the fall in vacancies registered at employment agencies has eased off, according to new figures for July from the Swedish Public Employment Service (Arbetsförmedlingen).

Among those aged 18-24 unemployment amounted to 56,000 people – almost double the figure from the corresponding month of last year.

For those aged 25-34 the figures were almost as dramatic with an additional 31,000 added to the ranks of the unemployed over the year, with the figure now standing at 68,000.

Those in work under labour market support programmes also increased, especially amongst the young. In July 3.2 percent of the workforce, 115,000 people, were engaged in such programmes. Among the younger age group participation has trebled.

The number of newly registered unemployed increased by 33,000 in July, up 10,000 on July 2008. 13,000 of those were aged 18-25.

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