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Sweden unemployment rate falls in March

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Sweden’s unemployment rate decreased in March, data from the Swedish Public Employment Service, or AMV, showed on Tuesday.

The seasonally adjusted unemployment rate fell to 4.0 per cent in March from 4.37 per cent in February.

The seasonally adjusted unemployment rate fell to 4.0 per cent in March from 4.37 per cent in February.
The registered jobless rate increased to 8.4 per cent in March from 7.6 per cent in the previous year. In February, unemployment rate was 8.69 per cent.

The number of registered unemployed increased to 440,261 in March from 388,492 in the same month last year.
The youth unemployment rate, which is applied to the 18 to 24 age group, grew to 11.1 per cent in March from 9.8 per cent in last year.

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