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Sweden — Seasonally adjusted unemployment reaches 9.1%

18 February 2010
 

In January the number of employed aged 15–74 decreased by 80,000 compared to January 2009. The decrease in the number of employed has slowed down during the last few months. At the same time, the number of unemployed increased by 108,000 in January. The unemployment rate amounted to 9.4% of the labour force, not seasonally adjusted, and 9.1% according to seasonally adjusted data.

According to seasonally adjusted data the number of employed aged 15–74 amounted to 4,480,000 in January 2010. During the last months, the pace in the downturn of the number of employed has slowed down.
 
Simultaneously, the number of employed men has slightly increased. The decrease in the employment rate has also been slower. The seasonally adjusted employment rate equalled 64% in January.

The number of unemployed amounted to 449,000 according to seasonally adjusted data. The increase in the number of unemployed is of the same size as in previous months. However, the pace of the increase has slowed down.

The rate of employment, simultaneously decreased by 1.8 percentage points, now equalling 62.9% compared to January last year. The decline mostly affected men aged 20 to 34 and women aged 25 to 54.

Of the decrease in employment, a large part occurred within the manufacturing industry, which employed 50,000 fewer persons January this year compared to last year. Also, the number of female employees within the municipal sector decreased by 47 000.

The number of permanently employed decreased by 84 000 compared to January 2009, of whom 65 000 were men.
 
The total number of temporarily employed does not show any statistically significant change. However, the number of temporarily employed women was less than one year ago.

On average, the number of hours worked amounted to 136.8 million per week. Adjusting for differences in calendar between 2009 and 2010, no significant change in the number of hours worked can be seen.

The number of unemployed persons amounted to 458 000 in January, an increase by 108,000 compared to January one year ago. Among the unemployed, 135,000 persons were full-time students, either within regular education or participating in employment measures.

The unemployment rate thereby rose by 2.1 percentage points compared to January 2009, equalling 9.4%. Unemployment rose in all age groups between 20 and 54 years.

Of the unemployed, 150,000 persons, or one out of three, had been looking for a job for more than 26 weeks. Thus, 71,000 more persons were long-term unemployed than in January last year.

To read the Full Labour Force Survey in Swedish language please click here

 

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