STOCKHOLM (Reuters) – Sweden’s Public Employment Service (SPES) said on Monday unemployment rose to 8% in the past week after a wave of redundancies due to the effects of the novel coronavirus on the economy.
“Unemployment is rising at a fast pace and is now 8%,” SPES said in a statement, adding that the number of people who had been given notice by their employer during the last week had slowed compared to the previous period.
Unemployment was 7.6% in March, according to SPES.
(Reporting by Simon Johnson, editing by Anna Ringstrom)
