Swedish February Unemployment 7.8%
First Published Thursday, 15th March 2012 08:46 am - © 2012 Dow Jones
The following is a press release from Statistiska Centralbyran, or SCB, the Swedish central government authority for official statistics.
STOCKHOLM--The LFS figures for February 2012 as a whole continue to indicate that there is a slowdown on the labour market.
In February 2012 the number of employed persons aged 15-74 amounted to 4,576 000 (Â±34,000). This is no statistically significant change compared to the same month last year. Seasonally adjusted the number of employed persons was 4.64 million. The employment rate was 64.5 (Â±0.5)% in the original data and 65.4% in the seasonally adjusted data. The number of permanently employed in February 2012 was 3.5 million (Â±36,000), an increase of 78,000. At the same time the number of temporarily employed was 591,000 (Â±28,000), a decrease of 43,000.
On average, the number of hours worked in February amounted to 153.0 (Â±1.6) million per week, not seasonally adjusted.
In February 2012 the number of unemployed persons aged 15-74 amounted to 389 000 (Â±21,000), which corresponds to an unemployment rate of 7.8 (Â± 0.4)%.
According to seasonally adjusted data the number of unemployed persons amounted to 0.38 million, resulting in an unemployment rate of 7.5%.
The number of persons outside the labour force in February 2012 was 2,134,000 (Â±34,000), which corresponds to 30.1% of the population.
Statistics Sweden Web site: www.scb.se