Swedish Jobless Rate Rises to 9.4% in February

Sweden's unemployment rate rose to 9.4% in February 2025 from 8.5% in the same month of the previous year.

The number of unemployed individuals increased by 53 thousand year-on-year to 533 thousand, while employment declined by 16 thousand to 5.16 million.

The employment rate fell by 0.4 percentage points to 67.7%, while the labor force participation rate grew by 0.2 percentage points to 74.7%.

The average total number of hours worked per week amounted to 170.5 million.

On a seasonally adjusted basis, the unemployment rate increased slightly to 9.0% from 8.9% in the preceding period.