Sweden’s unemployment rate increased in October from the previous year, data from the Swedish Public Employment Service, or AMV, showed on Wednesday.
The registered jobless rate increased to 8.8 percent in October from 7.1 percent in the same month last year.
The number of registered unemployed increased by over 97,000 to 4.55 million persons in October from 3.57 million in the last year.
The youth unemployment rate, which is applied to the 18 to 24 age group, grew to 12.1 percent in October from 9.2 percent in the same period last year.
The material has been provided by InstaForex Company – www.instaforex.com
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