Swedish unemployment drops in July

Unemployment in Sweden dropped significantly in July to 8 percent from 9.5 percent in the previous month, Statistics Sweden reported on Thursday.

Swedish unemployment drops in July

Some 415,000 people were out of work last month, the agency said, adding, “The number of unemployed persons and the unemployment rate have in recent months showed a downward trend which continued this month.”

Last month’s unemployment figure meanwhile marked “no statistically significant change” from the same month a year ago, the statistics agency said.

Adjusted for seasonal factors, the data showed that 8.5 percent of Sweden’s

working-age population, or around 423,000 people, was out of work last month, which was stable from June.

In its latest forecasts published on Friday, Sweden’s centre-right government lowered its unemployment estimate to 8.5 percent for all of 2010 and to 8 percent next year, with the anticipated increase in jobs spurred by larger-than-expected economic growth.

The new forecasts of a 4.5-percent rise in Swedish gross domestic product this year and a 4 percent hike in 2011 were published just a month ahead of Sweden’s September 19th elections, with the ruling coalition hoping a strong economic recovery will help it win a second four-year term.

The country’s economy, which was hard-hit by the global financial crisis but emerged from recession in the second quarter of 2009, is now considered one of the strongest in Europe.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.


Sweden’s most popular baby names revealed

While Alice remained the most common name for baby girls in Sweden for the third year running, William was dethroned as the most popular boys' name for the first time in years, new statistics show.

Sweden's most popular baby names revealed
Last year, 903 baby girls born in Sweden were named Alice, compared to 938 Alices in 2012, according to Statistics Sweden's (SCB) annual compilation released on Tuesday.
But the name William, which enjoyed top spot for the past two years, was replaced by Lucas, which shot up from third place in 2012. Lucas was given to 935 babies in 2013, compared to 915 little Williams. 
Just over a dozen points behind was Oscar, in third place, and one point behind that was Oliver (see the full top ten below).
As for the girls, Alice was followed by Maja, Elsa, and Ella. 
In the top 100 list for the girls, several names cropped up for the very first time, including Hilma, Ellinor, Sally, Melina, and Nicole. For the boys, new names included Louie and Tor.
In a breakdown of counties around Sweden, Alice was the most popular name in 11 of the total 21 counties. Stockholmers preferred the letter O, with the most popular baby names in the capital Olivia and Oscar.
Top ten girls' names in 2013, with total number.
1. Alice – 903
2. Maja – 767
3. Elsa – 766
4. Ella – 700
5. Julia – 687
6. Ebba – 663
7. Alicia – 625
8. Olivia – 616
9. Alva – 607
10. Wilma – 600
Top ten boys' names in 2013, with total number.
1. Lucas – 935
2. William – 915
3. Oscar – 901
4. Oliver – 800
5. Hugo – 749
6. Charlie – 716
7. Liam – 708
8. Alexander – 694
9. Axel – 677
10. Elias – 676