Financial News: Sweden Jobless Rate Rises To 9.7%

Sweden Jobless Rate Rises To 9.7%

06/17/2025 - 03:36:00 (RTTNews)

(RTTNews) - Sweden's jobless rate increased further in May to the highest level in four months, figures from Statistics Sweden showed on Tuesday.

The unadjusted unemployment rate rose to 9.7 percent in May from 8.9 percent in April.

In the same month last year, the jobless rate was 8.7 percent.

The number of unemployed increased to 561,000 persons in May from 513,000 persons in April.

The youth unemployment rate, which is applied to the 15-24 age group, came in at 23.3 percent in May.

Meanwhile, the employment rate dropped to 68.6 percent in May from 69.0 percent in the prior month.

On a seasonally adjusted basis, the unemployment rate was 9.0 percent in May versus 8.5 percent a month ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan GDP Climbs 0.3% In Q2 (03 hr(s), 02 min(s), 02 sec(s) ago)
(RTTNews) - Japan's gross domestic product expanded a seasonally adjusted 0.3 percent on quart ...Full Story»

New Zealand Manufacturing Sector Expands In July - BusinessNZ (04 hr(s), 17 min(s), 02 sec(s) ago)
(RTTNews) - The manufacturing sector in New Zealand moved up into expansion territory in July, Bus ...Full Story»

Japan GDP Data Due On Friday (05 hr(s), 10 min(s), 02 sec(s) ago)
(RTTNews) - Japan will on Friday release preliminary Q2 numbers for gross domestic product, highli ...Full Story»

Treasury Announces Details Of Twenty-Year Bond Auction (11 hr(s), 53 min(s), 02 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auction ...Full Story»

U.S. Producer Price Growth Far Exceeds Estimates In July (12 hr(s), 32 min(s), 02 sec(s) ago)
(RTTNews) - Producer prices in the U.S. increased by much more than expected in the month of July, ...Full Story»

Slovenia GDP Rebounds 0.7% In Q2 (12 hr(s), 48 min(s), 02 sec(s) ago)
(RTTNews) - Slovenia's economy expanded in the second quarter after a renewed contraction in ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000 (13 hr(s), 04 min(s), 02 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing a modest decre ...Full Story»

UK GDP Rises More Than Expected (13 hr(s), 45 min(s), 02 sec(s) ago)
(RTTNews) - The UK economy expanded more than expected in the second quarter but the overall growt ...Full Story»