Swedish Unemployment Unchanged in April as Jobs Decline
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Swedish unemployment stayed unchanged last month as companies have cut jobs to cope with a strengthening krona and faltering demand from the recession-burdened euro area.
Seasonally adjusted unemployment was unchanged at 8.4 percent from the previous month, Stockholm-based Statistics Sweden said today. The rate was predicted to fall to 8.3 percent, according to the median estimate of nine economists surveyed by Bloomberg. The non-seasonally adjusted rate fell to 8.7 percent from 8.8 percent.