Monday, June 17, 2024

Polaris of Enlightenment

Monday, June 17, 2024

Polaris of Enlightenment

Sweden’s unemployment rate continues to rise

Published 18 December 2023
- By Editorial Staff
The Arbetsförmedlingen offices in Malmö.

At the end of November, there were approximately 338,686 people registered with the Swedish Public Employment Service. This represents an official unemployment rate of 6.5%.

The number of unemployed has been gradually increasing each month since May, when 319,000 people were registered with the Employment Service.

In November, 35,518 people registered as job seekers. Among young people aged 18-24, about 8.1 percent were registered as unemployed in November, which is a total of 40,869 people, according to Sweden’s Public Employment Service Arbetsförmedlingen. This is an increase of about 3,000 people compared to the same month last year.

137,663 of the registered unemployed have been out of work for 12 months or more, which is about 11,000 fewer than in November last year. At the same time, 168,936 people were openly unemployed, i.e. without a job, actively seeking a job and immediately available for work. In addition, 169,750 people were participating in some form of activity support program.

7,653 people were dismissed in November and 25,838 people found a new job.

The report is based on register data from the Swedish Public Employment Service, including registered unemployed and newly registered vacancies. Unless otherwise stated, the statistics refer to the age group 16-65.

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