business & economy

Unemployment Rises to Nearly 10%

Fresh figures from Statistics Sweden show that 483,000 Swedes were unemployed in April, 80,000 more than the same period last year. The figures came in much higher than expected, giving Sweden an overall unemployment rate of 9.8 percent.

Sweden's unemployment figures will probably continue to rise, the statistics agency wrote in a press release. March saw an unemployment rate of 8.8 percent.