Swedish unemployment seen falling slower next year

09 Dec, 2014

STOCKHOLM: Unemployment in Sweden will decline this year and next but slower than previously expected, a survey by the Swedish Public Employment Service (SPES) showed on Tuesday.

Unemployment was seen declining to 8.0 percent 2014 from 8.1 percent in 2013 and fall to 7.9 percent in 2015, SPES said.

In 2016 unemployment was expected to fall to 7.7 percent.

Its previous outlook for unemployment, issued in June, forecast 8.0 percent in 2014 and 7.6 percent in 2015.

SPES also said employment was seen rising by around 46,000 next year and 59,000 in 2016, while the labour force would increase by 94,000 over those two years.

Copyright Reuters, 2014

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