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Growth in joblessness in Sweden in December

Tuesday, 17 January 2012
The Swedish unemployment rate was 4.7 percent of the country’s workforce in December, compared with 4.4 percent the previous month. In December 2010, unemployment was 4.7 percent.

According to a recent data from the Swedish Employment Service's monthly job development reports, Swedish unemployment is seen to be growing.

"We see more and clearer signs that the strengthening in the labor market in now getting over. The development is about to turn for the worse. Although the total number of registered unemployed is still slightly lower than at the same time last year, it is clear that the level will rise "says Clas Olsson, Employment Service Analysis Manager, in a statement.


Including the number of people with activity support, the unemployment rate was 8.6 percent of the workforce in December.
The number of applicants in activity support programs totalled 3.9 percent of the workforce, or 178,000 persons, a decrease of over 12,000 from the same month last year.

79,000 people had various forms of subsidized employment, an increase of 4,000 people compared to the same month last year.
The number of notices amounted to just over 4800, an increase of 1900 from the same month last year.

The total number of vacancies was nearly 49,500, which is 3,500 more than the same month last year.

Among youths between 18 and 24 unemployed in December were 93,000, down 1,000 people from the same month the year before.
By Scancomark.se Team

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