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Swedish big cities shed more jobs though Stockholm remains strong

Swedish big cities shed more jobs though Stockholm remain strong
Friday, 17 August 2012
Swedish unemployment specifically among those in the workforce was 4.6 percent in July, compared with 4.4 percent the previous month. In July 2011, that level of unemployment was 4.2 percent.

According to Swedish Employment Service's (Arbetsförmedlingen) monthly jobs report, the number of registered unemployed at the end of July was some 214 000 an increase of 3000 compared to same month last year.

Including the number of people with activity support, the unemployment rate was 8.1 percent of the workforce in July.

The Employment Service notes that approximately 39,000 people left the Employment Service's worker seeking database - for work  in July, which is almost 6000 more than a year ago.

Briefly about the labour market in July,

figures in parentheses are the corresponding figures for July 2011.

8.1 percent of the register-based labour force was unemployed or participated in programs with activity support (8.1). * A total of 378 033 people (365 410)
38 661 people got jobs (32 861)
36 379 new vacancies were reported (35 779)
3692 persons were given notice (2922)
28 788 people registered as unemployed (25 063)
214 101 persons were registered as unemployed at the end of the month (211 172)
163 932 people participated in programs with activity support (154 238)
* 4.6 (4.7) percent of the register-based labour force was unemployed, and 3.5 (3.4) percent participated in programs with activity support.

Source: The labour market report for July 2012, Arbetsförmedlingen

"The results for July show a labour market where change has been small so far this year, despite a troubling development in parts of the world around us. The fact that nearly 39 000 went to work is a relatively strong figure and the inflow of new vacancies shows a continued need to recruit by  many employers, "said Employment Service Analysis Manager, Clas Olsson, in a statement.

The number of candidates involved in  programs activity supported by the tax payers amounted to 3.5 percent of the workforce, or 164 000 people, nearly 10,000 more compared to same month last year.

Nearly 82 000 people had various forms of subsidized employment, a reduction of approximately 2,000 persons from the same month last year.

The number of notices for jobs loss amounted to 3,700, an increase of 800 from the same month last year. The number of redundancies is particularly noticeable in the major cities of Malmö and Gothenburg. In both Skåne and Västra Götaland there was more than doubled the number of redundancies. In Stockholm  there was falls in termination notices, almost from 1600 - 630 people.

The total number of vacancies was 36,000, which was marginally more than the same month last year.
Among the youths between 18 and 24 years,  92 000 were unemployed in July, an increase of more than 6,000 people from the same month the previous year.
by Scancomark.se Team



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