Sweden’s unemployment rate rose in May to its highest level since August 2010, data from the Swedish Public Employment Service/AMV showed on Monday.
The unemployment rate rose to 5.10 percent from 4.76 percent in April. This was the highest rate since August 2010, when the rate was 5.12 percent.
In May 2019, the jobless rate was 3.40 percent.
The registered jobless rate increased to 8.51 percent in May from 8.14 percent a month ago. This was the highest since the January 2014.
The number of registered unemployed increased to 4.39 million persons in May from 4.18 million in the previous month.
The youth unemployment rate, which is applied to the 18 to 24 age group, climbed to 11.4 percent in May from 7.5 percent in the same period last year.
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