Sweden Dec. Jobless Rate Rises

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Thursday, the Statistics Sweden announced that the jobless rate stood at 8.6% in December, up from 8% in the previous month. Economists' expected the rate to be 8.3%.

The jobless rate for men was 8.9% in December, while jobless rate for women was 8.1%.

The number of unemployed totaled 417,000 persons in December, which is an increase of 108,000 compared to the previous year.

Thursday, the Statistics Sweden announced that the jobless rate stood at 8.6% in December, up from 8% in the previous month. Economists' expected the rate to be 8.3%. (Market News Provided by RTTNews)