Swedish Jobless Rate Rises to 9.4%

Sweden’s unemployment rate rose to 9.4% in May 2026 from 8.7% in the same month a year earlier. The total number of unemployed people increased by 48,700 from May 2025 to 548,800, including 274,500 men and 274,300 women, corresponding to unemployment rates of 9% and 9.8%, respectively. Among people aged 15-24, 206,500 were unemployed, corresponding to a youth unemployment rate of 28%, of whom 173,000 were full-time students. The number of long-term unemployed, defined as those jobless for at least 27 weeks, reached 178,000, including 84,000 women and 94,000 men. The average total number of hours worked per week stood at 163.1 million. Meanwhile, employment among people aged 15-74 rose by 73,100 from a year earlier to 5.3 million, including 2.784 million men and 2.515 million women. The average total number of hours worked per week stood at 155.9 million. On a seasonally adjusted basis, the unemployment rate was 8.7%, while the youth unemployment stood at 24.4%.

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