Swedish SPES unemployment up slightly in December - Reuters calculation

By Kitco News / January 02, 2018 / www.kitco.com / Article Link

STOCKHOLM, Jan 2 (Reuters) - Sweden's unemployment rate as measured by the number of registered jobless inched up to 7.5 percent in December from 7.4 in November, a Reuters calculation based on data from the Swedish Public Employment Service (SPES) showed on Tuesday.

SPES will publish its December figure on Jan. 11. Reuters' calculation is based on weekly data released by the agency.

Open unemployment, which excludes government job schemes, rose to 4.1 percent in December from 3.9 percent in November, according to the calculation.

The reported figures from SPES could deviate marginally from the calculation, as the official numbers are based on the last day of December which SPES has not reported figures for in advance.

SPES bases its measure on the number of job seekers who register with the labour board.

The statistics office releases a separate measure of unemployment, which is based on a survey. Its jobless report for December is due on Jan. 25.


(Reporting by Olof Swahnberg)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Silver outperformance driven by weak supply growth

July 29, 2024 / www.canadianminingreport.com

Supply data still points to major silver deficit this year

July 29, 2024 / www.canadianminingreport.com

Canada second most significant player in global mining M&A

July 22, 2024 / www.canadianminingreport.com

Plenty of potential for continued rotation out of tech

July 22, 2024 / www.canadianminingreport.com

Platinum to palladium ratio low, platinum to gold high, versus history

July 15, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok