Unemployment remains elevated in Sweden

Sweden’s unemployment rate rose to 9.9 percent in June, up from 9.4 percent in the same month last year, according to new figures from Statistics Sweden (SCB).

Seasonally adjusted data placed the rate at 8.7 percent.

“Unemployment remains at a higher level, but we also see an increase in fixed-term employment on a seasonally adjusted basis,” said Ludvig Renberg, a statistician at SCB’s Labour Force Surveys, in a statement.