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FX.co ★ Swedish Jobless Rate Steady in April

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typeContent_19130:::2025-05-23T06:12:31

Swedish Jobless Rate Steady in April

In April 2025, Sweden's unemployment rate remained at 8.9%, identical to the previous year's figure for the same month. The number of unemployed individuals remained consistent at 513,000 from the prior year, while employment saw an increase of 34,000, reaching 5.26 million. The employment rate saw a slight rise of 0.1 percentage points, bringing it to 69%, and the labor force participation rate also experienced an uptick of 0.1 percentage points, now at 75.7%. The average total number of hours worked each week totaled 157 million. When adjusted for seasonal variations, the unemployment rate decreased to 8.6% from the previous 8.8% in the earlier period.

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