logo
  

Sweden Unemployment Rate Lowest Since Mid-2019

Sweden's jobless rate decreased to the lowest since June 2019, preliminary data from the Public Employment Service showed on Thursday.

The unadjusted unemployment rate decreased to 6.81 percent in April from 6.99 percent in March. This was the lowest unemployment rate since June 2019, when the rate was 6.79 percent. .

In the same month last year, the jobless rate was 8.2 percent.

The number of unemployed fell to 344,536 persons in April from 425,266 persons a year ago.

The youth unemployment rate, which applies to the 18-24 age group, declined to 8.2 percent in April from 10.5 percent in the same month last year.

The seasonally adjusted unemployment rate fell to 6.88 percent in April from 7.01 percent in the previous month.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Longmont Colorado -based Royal Crest Dairy is recalling 2% Chocolate Milk citing the potential to be contaminated with undeclared egg, a known allergen, the U.S. Food and Drug Administration said. The recall involves Farmer's 2% Reduced Fat Chocolate Milk Pints with the code date of AUG-22. ANI Pharmaceuticals, Inc. (ANIP) Monday announced a wider loss for the second quarter, despite a 52 percent surge in revenues. For the full year 2022, the company reiterated the adjusted earnings per share range, revenue guidance and raised Cortrophin revenue outlook. The company reported a quarterly... Shares of BioNTech SE were losing around 4 percent in the morning trading in Germany and around 5 percent in the pre-market activity on Nasdaq after the German Covid-19 vaccine maker reported sharp drop in profit and revenues for the second quarter. However, the company recorded strong growth in first-half results. Further, the company maintained BioNTech COVID-19 vaccine revenue guidance
Follow RTT