Swedish unemployment rate fell to 8.7% in May, a three-month low, according to Statistic Sweden.
Swedish unemployment rate dropped to 8.7% in May, a three-month low, according to Statistic Sweden. The rate fell from 8.9% in April and 7.9% in May 2023, with 496,000 people unemployed. The employment rate decreased to 68.3%, down from 68.9%, representing 5.187 million employed people. The European Commission expects the Swedish labor market to slow down in the coming months.
June 19, 2024
4 Articles