Financial News: Sweden Jobless Rate Rises To 8.5%

Sweden Jobless Rate Rises To 8.5%

09/16/2026 - 02:36:00 (RTTNews)

(RTTNews) - Sweden's unemployment rate increased in August from a 20-month low in the previous month, figures from Statistics Sweden showed on Wednesday.

The unadjusted unemployment rate rose to 8.5 percent in August from 7.8 percent in July. In the same month last year, the jobless rate was 8.4 percent.

The number of unemployed totaled 505,200 in August compared to 467,700 persons in the prior month.

The seasonally adjusted jobless rate also climbed to 8.9 percent from 8.6 percent.

Data also showed that the employment rate was 70.9 percent, down from 72.0 percent in July.

Separate official data showed that household consumption in Sweden rose at a stable rate of 0.7 percent monthly in August. The largest growth rate came from furnishings, household equipment, and routine household maintenance, which increased by 5.4 percent

On a yearly basis, household spending growth held steady at 4.0 percent in August.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Westpac Leading Index Improves (11 min(s), 53 sec(s) ago)
(RTTNews) - Australia's leading index suggested that momentum continued to improve in August a ...Full Story»

Hungary Wage Growth Improves In July (26 min(s), 53 sec(s) ago)
(RTTNews) - Hungary's average gross earnings growth accelerated for the first time in six mont ...Full Story»

Sweden Jobless Rate Rises To 8.5% (45 min(s), 53 sec(s) ago)
(RTTNews) - Sweden's unemployment rate increased in August from a 20-month low in the previous ...Full Story»

UK Inflation At 5-Month High (48 min(s), 53 sec(s) ago)
(RTTNews) - UK consumer price inflation rose to a five-month high in August largely due to higher ...Full Story»

Japan Has Y1.105 Trillion Trade Shortfall In August (43 min(s), 07 sec(s) ago)
(RTTNews) - Japan posted a merchandise trade deficit of 1.105 trillion yen in August, the Ministry ...Full Story»

Japan Core Machinery Orders Sink 3.7% In July (37 min(s), 07 sec(s) ago)
(RTTNews) - The total value of core machinery orders in Japan was down a seasonally adjusted 3.7 p ...Full Story»

New Zealand Has Seasonally Adjusted Current Account Deficit Of NZ$3.8 Billion (32 min(s), 07 sec(s) ago)
(RTTNews) - New Zealand's seasonally adjusted current account balance was a NZ$3.8 billion def ...Full Story»

Japan Trade Data On Tap For Wednesday (41 min(s), 07 sec(s) ago)
(RTTNews) - Japan will on Wednesday release July figures for core machinery orders and August data ...Full Story»