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Sweden — Unemployment reaches 8.3%

23 February 2010
 

According to the latest data published by Statistics Sweden, the population aged 15 to 74 in the fourth quarter amounted to 6,987,000 persons, an increase of 77,000 compared to last year. The population is divided into persons in work and persons out of work. The group of persons in work amounted to 3,905,000 during the fourth quarter of 2009 and the group of persons out of work amounted to 3,082,000. This means that just over half of the population (55.9%) is in work.

During the fourth quarter of 2009, there were 3,905,000 persons aged 15 to 74 in work, of whom 2,101,000 were men and 1,804,000 were women.

Compared to the fourth quarter of 2008, the number and percentage of persons in work decreased by 156,000 and 2.9 percentage points, respectively. The percentage of men in work, 59.5%, was higher than that of women, 52.2%.
 
Employed persons, which includes persons in work and employed persons absent during the entire reference week, amounted to 4,459,000 persons. This means that the the employment rate was 63.8%, a decrease of 2.1 percentage points compared to the fourth quarter of 2008. The employment rate among men was 66.4% and 61.2% among women, which is a reduction of 2.3 and 1.9 percentage points, respectively.

During the fourth quarter of 2009, 402,000 persons aged 15 to 74 were unemployed. This is an increase of 103,000 persons compared to the same quarter last year. This means that the relative unemployment was 8.3%, an increase of 2.2 percentage points. Unemployment among men was 8.6%, an increase of 2.6 percentage points, while the same figure for women was 7.8%, an increase of 1.5 percentage points. Unemployment increased mainly among young persons aged 15 to 24.

Every third unemployed person aged 15 to 74 was long-term unemployed. Compared to the same period the year before, this is an increase of 59,000 persons, or 79.6%.

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

 

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