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Swedish employment continues to increase


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Thursday, 15 September 2011
In August 2011 the number of employed persons aged 15-74 amounted to 4 721 000 (�34 000), an increase of 111 000 persons compared to August last year.

According to statistic Sweden, the employment rate rose by 1.1 percentage points to 66.7 (�0.5) percent. Seasonally adjusted data shows a continued positive trend in employment for both sexes. However, the growth rate is slightly lower than the previous months.
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On average, the number of hours worked in August amounted to 128.3 (� 1.9) million per week, not seasonally adjusted. This is an increase of 3.0 percent compared to August 2010 when adjusted for calendar differences.

The number of unemployed persons aged 15-74 decreased by 34 000 and amounted to 336 000 (� 20 000) in August 2011. The unemployment rate was 6.6 (� 0.4) percent, a decrease of 0.8 percentage points. According to seasonally adjusted data the number of unemployed persons amounted to 371 000 in August 2011 resulting in an unemployment rate of 7.4 percent. The trend for the number of unemployed persons and the unemployment rate thereby continues to decrease. However, the pace of the decrease is lower than before and the decrease is explained by women.
Source: Statistic Sweden


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